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Updated over 8 years ago on . Most recent reply

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John Cardis
  • Massapequa , New York
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Wholesaling help!!

John Cardis
  • Massapequa , New York
Posted
Hello BR, I'm very new to all of this but am eager to learn the ropes. From what I have researched wholesaling is the best way to make money with no money down. That way I can continuously save so that I can eventually flip homes. If anyone can answer these questions in would be greatly appreciated!! 1 Are foreclosures the best for wholesale markups? 2 Do you need to form a corporation or legal business In order to wholesale homes? 3 How do wholesale with no money down? Do I need to get a loan? Thank you all for reading my post and sharing your wisdom. I look forward to making connections with a lot of you, I am based in Long Island New York.

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Michael Quarles#1 Marketing Your Property Contributor
  • Flipper/Rehabber
  • Bakersfield, CA
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Michael Quarles#1 Marketing Your Property Contributor
  • Flipper/Rehabber
  • Bakersfield, CA
Replied

@john it certainly isn't fast.  Easy is lucky at best.  

I'm also a believer that entering into an agreement to purchase without the ability is wrong.  Learn all 5 types of investing models.  Then pick yours and buy some homes.  

As important.  You'll want to learn your DRE / BRE laws. 

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