Pre-forclosure Investing Question

[Erison Staples]

Hi, 

 I wanted to know if anyone had any experience in wholesaling preforclosures before they went to auction because I do see some opportunity here in Wichita. I am trying to get my first deal and wondering if anyone can shed some light on how it works when they owe on the house still. Thank you

[Wayne Brooks]

I hate to see wholesalers, especially new ones, tying up people’s property that is close to foreclosure auction.....usually they just tie the property up, the owner thinks it is Really sold, then the wholesaler walks away st the last minute giving the owner no time to sell to a real buyer.....just keep this in mind, think about how you’d feel if someone did this to a family member.