Wholesaling to Non-investors
G'day, BiggerPockets,
I'm looking for a little advice about wholesaling specifically as it pertains to buyers who are non-investors. I've identified a property in foreclosure that I'm willing to offer $150K cash for; however, I expect it to present some difficultly when trying to resell to an investor. The property is worth $200K+ as-is, but it's in a market that I'm unfamiliar with, and I do not feel confident that I'll find another investor, let alone a secondary cash buyer to assign the contract to. I anticipate this deal being a double close, having holding costs, and likely sold again by conventional financing. I should mention that I'm not a real estate agent, so I would seek out an agent to sell the property for me.