WIP 1066: Deal or No Deal - When is the Right Time to Do a Novations Deal

<p>If you are wholesaling real estate in today&apos;s competitive market, you &quot;must&quot; have novations in your wholesaling toolbox. <br/><br/>The novations method is trending in the real estate world right now because of the flexibility it offers you as a wholesaler, not to mention the fact that it opens up a whole new group of people you can help. <br/><br/>Novations is one of the most effective new strategies offering you a lot more opportunities to do many more deals with MUCH larger spreads. But, when is the right time to do a novations deals? <br/><br/>Well in this episode, Todd Toback answers that question and you may be very surprised by his take on the subject. <br/><br/>----------</p><p>Show notes:</p><ul><li><b>(0:47) </b>Beginning of the episode </li><li><b>(1:35)  </b>A review of what a traditional wholesale deal means</li><li><b>(2:37) </b>A recap on what is novations </li><li><b>(3:48)  </b>A traditional wholesale deal is one where you meet a motivated seller and see the property </li><li><b>(5:26) </b>When will you need to novate a home?</li><li><b>(8:06) </b>Sometimes the only way to salvage a deal is by novating the property</li><li><b>(13:40) </b>The fix and flip strategy </li></ul><p>----------</p><p>Resources:</p><ul><li>Join our Wholesaling Inc Facebook Group <a href='https://m.facebook.com/groups/wholesalinginc/'>here</a></li><li>Want to learn more? Check out our <a href='https://www.wholesalinginc.com/ttp/'>TTP training program.</a></li><li>To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your &quot;no obligation&quot; discovery call <a href='https://wholesalinginc.typeform.com/to/omDnxk?source=Website&amp;product=Rhino&amp;medium=HomePage'>here</a> to learn more about working with Brent personally</li></ul><p>Go to <a href='https://www.facebook.com/groups/wholesalinginc'>Wholesalingincgroup.com</a> to become part of one of the fastest growing Facebook communities in the Wholesaling space. <br/><br/>Get all of your burning Wholesaling questions a