Dispositions, The part of real estate investing where you decide how to exit the deal and get paid, such as wholesaling, assigning, or selling to a buyer., Assignment of ContractRepair Estimate, When you transfer your purchase contract to another investor and earn a fee without buying the property yourself.A conservative cost breakdown of all needed repairs used to protect deal margins., MAO (Maximum Allowable Offer), The highest price an investor can pay for a property while still leaving room for profit., Wholesale MAO, The maximum price you can offer the seller after subtracting your assignment fee from the investor’s MAO., Assignment Fee, The money you earn for connecting the seller and the end buyer in a wholesale deal., Double Close, A closing strategy where the wholesaler buys and resells the property the same day, often used when assignments aren’t allowed., Purchase & Sale Agreement (PSA), The legal contract that outlines the price, terms, and conditions for buying a property., Memorandum of Contract, A recorded document that shows you have a legal interest in a property while under contract., Cash Buyer, An investor who can close quickly without traditional financing, often buying properties at a discount., Proof of Funds, Documentation that shows a buyer has the money available to close the deal., Buyer Vetting, The process of confirming a buyer is real, reliable, and able to close before assigning them a deal., Exit Strategy, Your plan for how you’ll make money on a deal, such as wholesaling, fixing and flipping, or holding long-term., Buy & Hold, An exit strategy focused on long-term rental income and appreciation instead of quick cash., Fix & Flip Buyer, An investor who buys properties to renovate and resell for profit and usually wants strong margins., 70% Rule, A guideline investors use to leave room for profit and risk when calculating offers., Presenting Two Offers, A negotiation approach where you give sellers options, often increasing your chances of agreement., Follow-Up, Ongoing communication with sellers and buyers to keep deals moving and prevent them from falling apart., Wholesale Deal, A transaction where the wholesaler controls the contract but does not own the property., Investor Criteria, A buyer’s specific preferences, such as price range, location, and deal type., Assign vs. Double Close, A decision wholesalers make based on buyer rules, assignment size, and closing requirements..

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