Updated over 5 years ago on . Most recent reply
New to wholesale and REI where do I begin???
As you can see, I'm a complete novice with a bunch of questions and I'm just looking for a little help so I can get started making deals. It would be greatly appreciated if anyone would be able to help answer a few questions about starting to to dabble in wholesaling.
So I'm pretty sure I understand how to generate leads and crunch the numbers. However, say I find what I believe is a great deal after crunching the numbers. Also, I'm pretty sure I know how to verbally make an offer and deal with a homeowner. But if they decide to accept my offer I'm going to need some paperwork, some official forms to fill out and be signed so that I can actually get a property under contract. Where do I get these forms that make everything legally binding?
Secondly, once I have a property under contract I have to transfer it to an actual buyer. Where do I find these buyers? I'm assuming I should already have a few investors that I've already spoken to and know what they're looking for on speed dial correct?? Where do I find these investors that use wholesalers to find their discounted properties?