new to wholesaling

[Daniel Soto]

OK I'm fairly new to wholesaling and I'm just looking to get some advise from as many people on here as possible. As a real estate investor what do you guys recommend i do first.  Is it easier/better to find a Cash buyer before finding a motivated seller or finding a motivated seller first and then finding a cash buyer? I just want to know what works better, any advise helps.

[Jose Flores]

Hey @Daniel Soto Here are the steps you need to take in order:

Step 1: Market to motivated sellers

Step 2: Sign purchase contract with the seller

Step 3: Find cash buyer

Step 4: Sign contract with cash buyer for a higher price and collect 2k deposit

Step5: Close Transaction via Assignment or

Double Closing and Collect your check

Then, learn has much as possible about the 5 skill needed to be a pro at wholesaling. They are marketing; estimating repairs; contracting; appraisals; and negotiating.

Last, spend 80% of your time marketing.

Hope this helps. Good luck.