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Innovative Strategies

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Jimmond Thomas
  • Realtor
  • Charlotte, NC
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Working with a Wholesaler as a new investor

Jimmond Thomas
  • Realtor
  • Charlotte, NC
Posted Apr 8 2018, 01:40

Not sure how innovative this strategy may be but... as a new investor, would working with wholesalers be a good idea? Of course I understand the importance of doing your own due diligence but I would imagine that, by nature, wholesale properties are some what of a good deal. The wholesaler had to do a good bit of research and negotiating to get the property under contract.

So taking wholesale deals, running your own numbers off of what's presented and moving forward would seem like a good way to at least have a funnel of potentials coming your way. The wholesaler has done some of the "hard" work already, you would just be double checking and making sure it makes sense to you.

I do understand that this may be a naïve way of thinking but I'm curious to know why or why not this would be a good idea for a beginner.  

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