Updated over 6 years ago on . Most recent reply
How should I proceed with this?
I met a hard money lender through a mutual contact and he has three properties that he is trying to get rid of because the investor that he loaned the money to, defaulted on the loans.
I'm interested in wholesaling because I don't have much money to find and flip. I have not done a wholesale deal yet and I was wondering how should I approach this and whether or not it would be worth it. Is this something that I could possibly wholesale or would he most likely want to recoup what he lost? There is no obligation to buy all 3 homes as a package deal.
I'm not sure how to proceed. Please suggest a strategy on how I should proceed.