Wholesale Newbie - Posted by KW

Posted by KW on March 22, 2006 at 07:55:53:

Roger, thank you very much. I really appreciate it.

Wholesale Newbie - Posted by KW

Posted by KW on March 20, 2006 at 09:07:36:

I am about to start wholesaling and I have a couple of questions: 1)I was wondering if the only way to find “cash buyers” is going to real estate club meetings in my area? Is there another way to find “real” cash buyers other than this way? 2) Also, is there any value in working with a real estate agent when wholesaling? If so, what is that value? Thanks for your replies.


Re: Wholesale Newbie - Posted by RogerN

Posted by RogerN on March 21, 2006 at 19:31:48:

You’re not about to start wholesaling if you’re asking those questions. You’re thinking about starting.

  1. No but it’s a very good way. Advertise among others.
  2. Not really. Realtors tend to handle RETAIL deals and you want to do wholesale. They will also remove 6-7% of the profit in the deal. However, cultivating a relationship with a realtor that can bring you more deals than you can find yourself might be worthwhile.