Collecting Keys - Real Estate Investing Podcast cover image

EP 130 - Mastering Novation Agreements with Eric Brewer

Collecting Keys - Real Estate Investing Podcast

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How to Describe a Novation to Someone in the Business

A real Novation is a wholesale style transaction so I'm not taking deed, renovating or partnering. When a property that's in whole-tail condition being sold to a retail buyer. The only people that ever say yes to my crazy offer is someone that's super distressed who has a house that needs a bunch of work and they're willing to sell it to me for 50 cents on the dial. It's literally finding a needle at a haystack over like we got to find 200 needles a year if we want to do big business right? There ain't totally that many needles out there versus novations yet novations it's more like well the whole haystack is more like

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