Analyzing a deal

[Ismail Sogbaike]

When wholesaling do i need to analyze the deal, if so how would i know if its a good deal

[Lydia R.]

Quote from @Ismail Sogbaike:

Ok so if i may ask what do you consider the best property class for wholesaling

Single family

Multifamily (2-4 units)

Multifamily (6+ units)

 There is no best class of property for wholesaling. All of the above can be wholesaled. So can land and mobile homes. You just have to pick which arena you want to jump into. All these types have their own pros and cons. For example, mobile homes are easier to find and cheaper to buy BUT the fees on these deals are smaller. But the deals come together quicker. With multifamily 6+ units its going to be harder to find owners who want to sell and who are willing to sell at a discount and the analysis is no longer based on comps its based on cashflow. But the potential wholesale fees on these properties is much bigger. So as you can see there are pros and cons to each property type. Just decide which one you want to pursue