can someone explain the exit plan/strategy?

Bird Dogs, Wholesaling
1

i’ve been reading a few articles and they mention the exit strategy/plan. can someone explain to me please? it isn’t detailed in the article. TIA!

2

Hey dude, I’m Red 16 yrs old from philippines

Exit Strategy is what technique will you use, is it assignment of contract, double closing or etc…

3

An exit strategy is what you plan on doing with a property once you put it under contract. Either assign it,hold onto it and rent it out,lease option it out,etc.

4

Exit strategy = flip, rent, lease option etc.

You dont want to buy a property in the suburbs for 500k with the intent to rent it as your exit strategy unless you can get 15k/month or some crazy number like that. The opposite is true for a rental area. You wouldnt look to flip a rental property on Gunshot Ln.

5

thanks for the explanation guys.