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Updated almost 10 years ago on . Most recent reply

Dev Why's profile image
Dev Why's profile image
Dev Why
  • Renter
  • from Norwich, New York
  • Member since Oct 11, 2013
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Dev Why's profile image
Dev Why's profile image
Dev Why
  • Renter
  • from Norwich, New York
  • Member since Oct 11, 2013
Connect
Dev Why
  • Renter
  • Norwich, NY
11
Votes |
51
Posts
Starting Out

All I read about is Wholesaling is bad....

Dev Why
  • Renter
  • Norwich, NY
Posted

Why do investors steer people away from wholesaling?

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Steve Vaughan's profile image
Steve Vaughan's profile image
Steve Vaughan
  • #1 Personal Finance Contributor
  • Rental Property Investor
  • from East Wenatchee, WA
  • Member since Sep 19, 2014
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Steve Vaughan's profile image
Steve Vaughan's profile image
Steve Vaughan
  • #1 Personal Finance Contributor
  • Rental Property Investor
  • from East Wenatchee, WA
  • Member since Sep 19, 2014
Connect
Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
16,114
Votes |
10,254
Posts
Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
Replied

I'm more concerned with hurting the homeowners than bad info provided to the 'buyer'.  If their time is wasted, nothing is really lost.  It's the poor homeowners who put their trust in someone with no skin in the game and empty promises. A shady assignable contract with nothing. Put down earnest money and do what you say you're gonna do!

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