What's Your Preferred Exit Strategy?

It seems the more I read and research, the more confused I get as to the best fit for me to buy and sell in my market. At first, I thought leasing w/ option would be the ideal exit strategy, but how does it compare with a wrap mortgage? What are the pros/cons of each? Is one generally harder to market than the other?

Any comments on exits would be great!
Thanks!

Comments(3)

  • houzin21st January, 2004

    I prefer to use Owner financing. I create the note and sell it a discout to get paid now. I find I tap into a larger pool of buyers by using this strategy.

    If you would like more info on getting your project sold using this method feel free to contact me. **Please See My Profile**
    [ Edited by houzin on Date 01/21/2004 ]

  • InActive_Account21st January, 2004

    For a beginner the best advice I can give you is to begin by flipping houses to other www.investors.This will help you build some experience and money.

  • telemon21st January, 2004

    Get assignable contracts and flip them to rehabbers. Less exposure to you and faster cash out.
    [addsig]

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