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Updated about 5 years ago on . Most recent reply

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4
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2
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Jill Smith
  • New to Real Estate
  • San Diego, CA
2
Votes |
4
Posts

Buying your first wholesale property, how to not get burned?

Jill Smith
  • New to Real Estate
  • San Diego, CA
Posted

I have only purchased properties via MLS in the past. I am considering buying my first wholesale investment property purchase. What kind of information about the wholesaler or property do I need to check to ensure I do not get taken advantage of? Do wholesalers have any sort of certificate/license to ensure you are buying from a trustworthy person? What questions should I ask the wholesaler about their business? I know to do my own due diligence on the property. What are the differences when buying off MLS vs wholesalers? Thank you!

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