Devon WoodsonPoster
- Full-time Student & Father, WorldVentures
- Rochester Hills, MI
- 1
- Votes |
- 11
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Wholesale
The Wholesaling process seems pretty straight forward...
1. Find the property
2. Find the owner
3. Run the numbers (ARV)
4. Negotiate the deal
5. Find a buyer
6. Assign or simultaneously close
However, I have some questions. Such as, is there an easier way to find the homes without having to drive around neighborhoods for hours? How do I find the owner (more specifically, a motivated seller)? Who determines the ARV? How do I find a buyer? Do I need to have available funds if the buyer backs out? If so where do I get that from? Will there be any upfront costs? Such as fliers, ads and fees (I already purchased business cards). I have a little money I can use, but not hundreds of dollars.
Thank you