Hello BP members I have some questions regarding wholesaling. So far the things I have heard about wholesaling are all negative and this bothers me mostly because I'm interested in starting my investment career this way. Here are some questions:
1. In order to get started, what should I do first?
2. How much does the start up cost?
3. Do I need a attorney?
4. Where do I get the proper blank forms/contracts from?
5. Do I need to start a llc?
6. How does virtual wholesaling work?
Any suggestions or information would be greatly appreciated.
Give this a read
How do you find houses? I have tried calling FSBO but didn't get any bites at a heavy discount.
This post has been removed.
Hello, I have a general question for anyone that can answer this question.
I am virtual wholesaling an property . but I am currently not in that current state.
The end buyer will be in that current state. my question is when dealing with an buyers "title company" as far as sending over the supporting docs ( [ copy of purchase contract made with seller ] as well as the copy of an assignment contract made with end buyer) do I send that over to the agent at the title company that is hosting the closing? as well as the non refundable EMD that the end buyer sent Me ( or the receipt of that ) ..
Also, how do I send my bank acc wire info to the title company for them to wire me my funds when deal is closed?...
I can elaborate more if others don't understand my question.. Very appreciative if anyone who can help me out with this question please & thank you,
Free eBook from BiggerPockets!
Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you
Create Lasting Wealth Through Real Estate
Join the millions of people achieving financial freedom through the power of real estate investing