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Account Closed
  • New Jersey, NJ
137
Votes |
327
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How we benefit from Wholesalers

Account Closed
  • New Jersey, NJ
Posted
I have yet to do any business with any wholesaler, wholesalers, wholesaling because I usually had purchase my deals from auctions or RE agents. My question: when a wholesaler brings a deal to an investors, do those deals favor flipping investors or buy and holds investors?

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7
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3
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Mary Smith
  • Atlanta, GA
3
Votes |
7
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Mary Smith
  • Atlanta, GA
Replied

I'm currently under the impression wholesalers are complete goof balls. What is their purpose again, to act like realtors for cash transactions? They find people who are motivated to sell - then put a contract in from of them saying I can help the seller sell it? They then shop it around to other people? While charging a % of the deal? Essentially acting like a middleman...

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