New to REI, Starting off with Wholesaling

New to REI, Starting off with Wholesaling

Member since 2023 · 2 posts · 0 votes

Hi Everyone! I am new to real estate and looking to begin with wholesaling. Looking forward to connecting with any and all investors, wholesalers, and agents for guidance. My background is in loan underwriting so would love to connect with lenders as well.

0Reply
35 views

2 Replies

Jump to latestLatest
  • Terrance HillPro Member
    Realtor · Memphis, TN · Member since 2010 · 425 posts · 117 votes
    1y

    Hey Chris, welcome! Starting with wholesaling is a great way to learn deal analysis, negotiation, and the local market. A few tips:

    1. Build Your Network: Connect with local investors, realtors, and other wholesalers—relationships make deals happen.
    2. Marketing: Look into driving for dollars, direct mail, and online leads to find motivated sellers.
    3. Contracts & Title: Learn your state’s assignment contracts and work with reliable title or escrow companies early.
    4. Leverage Your Background: Your underwriting experience will help you analyze deals quickly and spot profitable opportunities.

    Focus on building connections and learning the process—deals will follow.

  • Member since 2023 · 2 posts · 0 votes
    1y

    Thank you, Terrance! This is very helpful.

Join the conversationCreate a free account to reply, vote on answers and follow this thread.