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Buying & Selling Real Estate

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Newbie in Real Estate Wholesaling

Posted Jul 14 2014, 15:35

I wanted to start as a real estate wholesaler. I live in Stockton California and have been doing a lot of research with being a wholesaler. I have very little capital and I am trying to develop a buyer's list now and have a few questions.

I am new at this, so I hope I am asking the right questions.

1) Does anyone have any point of contact near Stockton,CA whom I can shadow?

2) Is it true that I do not need a license to do wholesale?

3) How can get a sample contract for my use?

4) How long should I hold a contract before selling?

5) Do I inspect the home first then have my cash buyer inspect?

My understanding with wholesale is there is a seller, me(wholesaler) and

then the cash buyer. Are there any parties involved?

Your support is very much appreciated.

Respectfully,

George 

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