I figured this was the best place to post this (mods sorry and please move if it is not). I have tossed this idea around for over a year now, and have brought it up with a few friends/partners from this very site a few times and the interest seems to be pretty high from them. As a few people here know I love real estate. I am not an agent/broker, and I have NEVER closed on a house that I have made an offer on. What I do (and what I love) is flipping the contract. Finding ugly beat up houses, making lowball offers, and once accepted flipping my interest in the contract over to someone who wants to actually close on the house and flip it to a retail buyer. This is also referred to as Wholesaling/Assigning in the REI world. Steve Wynn (think Golden Nugget casino in Vegas) supposedly got his start by flipping the contract on a parcel in Vegas for a cool million in profit. What makes this Blackhat? Flipping a contract is NOT Blackhat. It's perfectly legal, and is only a creative way to make money from literally nothing. Most investors however fail to take advantage of loopholes and weasel clauses to bring there exposure on a deal/offer to ZERO. Most investors have no idea how to flip the contract on a foreclosure/bank owned property. They require you use their contract typically, which has a clause preventing you from using the traditional and/or assigns method. Most investors have no idea how to use "weasel clauses" to prevent them from having to close on a house in the event they cannot find an Investor/Buyer. Today I had an offer accepted on a house for $79.5k. I made the offer without ever looking at the property (I know the area very well), and I already have an investor willing to pay $83k cash. By locking up the property up with a contract I force the buyer to go through me, and I get to keep what's in the middle as my assignment fee. It may not be much, but I have maybe 3 hours invested in the deal and NO MONEY OR EXPOSURE and I never left my home to work on the deal. I am not a guru (most gurus have no idea what is going on in todays REI world anyway). This is just something I love doing and love talking about. What I am looking for in this thread is a general interest check, suggestions on pricing and materials offered, etc. I will probably end up writing a guide either way, but it would be nice to know WHAT potential buyers would like included. I would likely want to pair it with coaching through the phone/IM so I would keep the availability small. Here is a small list of what I am sure I would want to include in the guide. The Mechanics of Flipping a Contract (Everything from Offer to Closing explained) How Much to Offer (formulas, strategy, etc.) Where to Find Deals Cover Your Ass (various weasel clauses and methods for limiting exposure) How to Find Buyers (someone has to close on that contract) Marketing (everything from direct mail to more balla on a budget type forms of getting sellers to call you) How to Flip Bank Owned Foreclosures (how to beat "unflippable" contracts) Negotiating (how to extract the most money from the buyer and the seller) One thing you have to understand is virtually ANY contract can be flipped. This covers everything from beat up trailers to ginormous apartment complexes. Your job is to find a good deal, and wedge in enough room for you to make a modest profit while still keeping the price reasonable for the Investor/Buyer to profit. I have read countless Real Estate books. I have bought books/courses specific to flipping contracts, and until I actually started doing my own research and gaining experience/mentors I was overwhelmed and confused. This book will be have no fluff, no up-selling, easy to understand and apply techniques. My goal is to have you comfortable enough by the end of the guide to go make an offer on at least one property that day(though one thing I can't sell you is balls, some people just CAN'T make a lowball offer, and some can make hundreds a day). EVERY guide/course I have ever bought/read really just left me with more questions (that oddly enough could be found in their next book lol). I realize this is not SEO, or IM at all, but I have had plenty of balling blackhat guys ask me about this. It is never a bad idea to have an offline source of income (that you can do from home as well). As I said nothing is set in stone (and I am pretty busy right now) but if there is enough interest I would really love to make a guide on this.