Wholesailing Questions first deal!
Okay so basically I found a seller who wants to sell their home for cash, we talked about the defects of the home and I have a few questions. I'm a little wet behind the ears so please be patient with this post
1.) How would I know what the ARV is? he told me all the work that needs to be done so would I just add that to his asking price to get the potential value?
2.) When I check out the house next week should I find a contractor to come with me?
3.) Let's say I'm willing to put the house under contract, where do I go and how do I do that (referring to paperwork) do I go to a title company?
4.) How do I find investors? (I have any idea, but just wanted to know everyone's input)
5.) How would I approach the investor or how would I make sure they don't go behind my back and kick me out of the deal?
6.) If I find an investor willing to pay the price, where do I go from there? Do I sign over the contract to him?
You don't have to answer all the questions but it would be greatly appreciated :)