Tic Tok is the new learning platform and been following some individuals who are selling paper and making pretty great gains. I am of course am skeptical but intrigued to learn more. The idea of telling a home owners will pay $200K and going to find someone to buy for $250K seems slick. Does this put all the pressure on the closing for things to not fall through? And if it does fall through what kind of reputation does that create?
New to Real Estate · Nixa, MO · Member since 2019 · 63 posts · 50 votes
4y
Sounds like you’re talking about wholesaling properties. There are a lot of people who do it, some friends of mine included, but it is a big time investment to find flippable deals.
Investor · Austin, TX · Member since 2019 · 229 posts · 229 votes
4y
@Emmanuel Toribio been selling paper for three years personally. TikTok folks are probably more interested in selling courses than actually selling the paper they try to train others to sell.