Getting started in Wholesaling
3 Replies
Jawaan Wolfe
from indianapolis, Indiana
posted over 3 years ago
Hello BiggerPockets family, I am currently an inspiring entrepreneur living in Indiana trying to get started in wholesaling. I have a friend who’s having trouble selling his house and is really wanting to get it out of his hair. I told him that I wanted to help, and he agreed. My question to you is one who’s answer seems so simple but seems to be eluding me. Where can I get a legit and acceptable contract to put the house under contract? I’ve been educating myself on wholesaling for a while now so everything else seems to be pretty self explanatory. But if you feel as if I’m missing something or just have anything else to add on how to get started please don’t hesitate to tell me. Thank you and have beautiful day!
John Thedford
Real Estate Broker from Naples, FL
replied over 3 years ago
Do you want to put it under contract with no intention of purchasing? This is known as FRAUD BY INDUCEMENT. The problem with the gurus is they teach this garbage with no care as to how a seller may be harmed.
John Thedford
Real Estate Broker from Naples, FL
replied over 3 years ago
Check out this scammer
https://www.biggerpockets.com/forums/93/topics/501...
See any problems with their intentions and how they want to deceive a seller?
This is typical for many unlicensed brokers.
Andy Rumple
Wholesaler and Real Estate Broker from Indianapolis, Indiana
replied over 3 years ago
I have the paperwork you need. Connect.