Wholesaling Newbie from Lancaster, PA

9 Replies

My name is Aslyne and I was born and raised in NJ but I have been living in Orlando, FL for the past 6 years. I recently moved to Pennsylvania for work so I am currently in Lancaster, PA. Growing up watching my father and his partners purchase residential properties, repair and rehab, and then sell, I've always had an interest in investing in Real Estate. I've been in the marketing industry for a while now and can't wait to apply my skills here in Real Estate.

My goal is to create financial and time freedom. I want my daughter and I to live comfortably and travel the world. I would also love to be of service to those in need of finding a home, selling a home, or just interested in having a business in Real Estate.

Aslyne, please do not put all your eggs in one basket.  Rehabbing, and wholesaling is a very difficult if not a loosing proposition.  I attempted wholesaling and found I was at the mercy of the cash buyers, I tried to convince to buy my proprietaries.  Remember asking price X .07 - repairs-your profit= cost.  Sounds like a way  not to make a living.  Plus, any funds earned in wholesaling is taxed as ordinary income.   It was a losing proposition.  The  reality of dealing with CASH BUYERS is a nightmare!!!  Trust me.  Been there done that.  Find another plan of action for your investment.  If what you are following a program that has the name "Yancey" anywhere, beware and run away.  Again, been there done that and lost my shirt.  Wholesaling is NOT where to make money in real estate.  Please, look else where.  Roy.


Those are great goals, Aslyne.  I'm a little confused, though.  What you describe doesn't seem like wholesaling.  If I read right, you are buying distressed, fixing it, and reselling it or holding it for a rental.

Do I read right? If so, you probably want to find a good wholesaler in your area who will find and feed you good deals that will help you accomplish your goals.

Originally posted by @Account Closed :

Those are great goals, Aslyne.  I'm a little confused, though.  What you describe doesn't seem like wholesaling.  If I read right, you are buying distressed, fixing it, and reselling it or holding it for a rental.

Do I read right? If so, you probably want to find a good wholesaler in your area who will find and feed you good deals that will help you accomplish your goals.

 Hi Rod,

You read wrong. What I described was what I watched my father do growing up and that's what sparked my interest in Real Estate.  Thank you!

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