Rei Diamonds-real Estate Investment Podcast
Episode 176: How to Buy Land with No Money Down with Mark Podolsky
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:52:34
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Sinopsis
Mark & I Discuss How to Flip Land Deals with No Money Down: How to Profit from the Current Bubble in Land Where the Best Land Deals are Located Finding the Best Buyer for Any Land Deal Knowing Which Land Deals Have Little Competition How to Invest in Land in with No Money Down-Podcast Episode Highlights Mark Podolsky, aka, The Land Geek, has been buying and selling land for more than 20 years. On this episode Mark & I discuss how to invest in land. Specifically how to buy land with no money down. His specialty is buying vacant land very cheap-in the $5,000-$20,000 range, closing using quit claim deeds, and then reselling to buyers on terms at nice profit spreads and strong interest rates. In other words, buy a parcel of land for $5,000, close, then resell immediately for $20,000. The trick is the terms-to that same buyer, Mark would collect $5,000 down and accept payments of around $200 until paid in full. Oh, he also charges interest on the $15,000 balance, so there is some additional profi