Wholesaling Commercial Property

[Martin Works]

Anyone in here have any experience wholesaling commerical property and would like to share some insight? I have a huge commerical building i found and i need to know how different this is from wholesaling a house.....

Thanks

[Steve Tetreault]

@Martin Works

Hi, I'm a wholesale investor & my partner Stan & I do both commercial & residential wholesaling.  We've been doing it for a long time & have had great success with it!  Our biggest property to date is currently in our pipeline & without going into too much detail it's a trophy building located in the heart of Times Square!  Don't let anyone discourage you from commercial wholesaling as it can be very profitable!  

The payment structures are a little different vs residential for example, the end-buyer is responsible for paying you 1% of the purchase price...I know that doesn't sound like much, but the Times Square property we're selling is worth 1.8 billion, upon closing, we'll be splitting the 18 million 5 ways & I'm still walking away with 3.6M!  

The only problem that most investors run into when it comes to commercial wholesaling is finding a buyer! It's not like you can bring the deal to your typical buyers' list when they're only looking for SFH's or MFH's, but you do have the option to bring the deal to other investors like myself who have thousands of direct commercial buyers & split the profit. This is done by first signing a non-circumvent non-disclosure agreement (or NCNDA for short), this assures that you'll still get paid off the deal upon closing!

My contact info is listed below, if you ever need any advice when it comes to commercial wholesaling, pick up the phone & give me a call.  I always have time for my Bp buddies!

Happy Investing!