Posted by phil fernandez on June 11, 2000 at 18:07:27:
I never find wholesale properties that are listed. I find them down at the courthouse or with small bank REO’s. Or if the seller is paying on two houses, or is going through a divorce. Out of state property owners are a good way to get a wholesale deal.
The key to getting a wholesale deal is working with motivated sellers. I find that about 99% of the listed property in the MLS are not really motivated to the point that I can get my offer accepted.