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Updated 11 months ago on . Most recent reply

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Kiryl Ulanovich
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Help me please with my wholesale learning

Kiryl Ulanovich
Posted

Hello guys, I'm still learning wholesale and I'd like to clarify something. I need help to understand the whole sequence of events that happen in wholesale and what a WHOLESALER should do and what not. As I studied earlier, the first thing you should do is marketing, then get a call and do a property analysis to understand if it's profitable for you, then meet with the seller and sign all the necessary papers, then if there is a debt in the bank we do a reinstatement quote, then do a title search to check if there are any hidden debts, if everything is fine we look for an investor or flipper and sign an assignment of contract with him and wait for closing to get our money. Please, those who have already done wholesale, answer whether the chain of actions that WHOLESALER should perform is correct or not, maybe there is no need to do some steps or actions at all, please explain me those who have already done wholesale, thank you very much.

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