Wholesaling question ?

5 Replies

Make sure to have a reasonable ARV. If wholesaling remember you need to have enough for remodel, buyers profit, and profit for you as well. A phone call just for practice can't hurt. It's somewhere to start since you're at no risk until there's a contract signed.

Assuming you will have a weeks worth of phone calls and running and arranging with buyers, sellers, closers, make sure to have a 3-5k spread for yourself. Possibly less, if you're looking for experience, but it needs to be better than gas money.

Check with @Derek M. He arranged a long-shot deal we did together several years ago.  Also, he's from TX so he will be familiar with how to do things.