Wholesaler · MN · Member since 2026 · 3 posts · 0 votes
Hello, I joined this platform to connect with people in real estate that are wholesalers and cash buyers. I'm new to wholesaling and I want to build a network of people who are interested in working with me on this wholesaling journey! Dm me if you are interested!
Welcome. I am on the buyer side, so here is what makes me call a wholesaler back. I buy single-family BRRRR houses in Memphis, under $100K, in 38109, 38111, 38112, 38114, 38116, 38117, 38118, 38122, and 38128. I want 3-bed-plus, an ARV of $180K-$265K, and numbers that clear the 1% rule. For Section 8 I look at $1,395-$1,950 for 3-bed-plus. Send the full deal up front: address, asking price, beds and baths, square feet, current or projected rent, and photos. I never put earnest money down, so do not be surprised if I say that early. Deal flow is my bottleneck, so a clean deal with real numbers gets my attention fast. Learn one market and one buyer type well before you try to work everywhere.
Welcome, Wyatt! Networking is definitely important in this business. One piece of advice I'd give you is to focus on learning your local market, understanding property values, and having real conversations with sellers. Don't get too caught up in trying to build a huge buyers list before you even get started. Build relationships with a few solid local investors who are actually buying properties. You'll learn a lot just from talking to them and understanding what they're looking for. Good luck on your journey!