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Updated over 7 years ago on . Most recent reply

Amanda Finney's profile image
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Amanda Finney
  • from Memphis, Tennessee
  • Member since Feb 12, 2018
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Amanda Finney
  • from Memphis, Tennessee
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Amanda Finney
  • Memphis, TN
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Wholesaling

I have my first home under contract.....now what?

Amanda Finney
  • Memphis, TN
Posted

Ok, now that I have my first house under contract, I am wanting to wholesale. I know that I have to find someone who wants to buy it, a investor, but what really is my next step, how do I profit off of this property? Any advice would help thanks so much!

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Jason D.
  • Rental Property Investor
  • from St. Petersburg, Fl
  • Member since May 8, 2017
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Jason D.'s profile image
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Jason D.
  • Rental Property Investor
  • from St. Petersburg, Fl
  • Member since May 8, 2017
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Jason D.
  • Rental Property Investor
  • St. Petersburg, Fl
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Jason D.
  • Rental Property Investor
  • St. Petersburg, Fl
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Is the contract assignable? If it is then your next step is finding a buyer through marketing, or finding a lender so you can buy it yourself. To make a profit you have to sell it to an investor for more than you offered to buy it for.
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