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Updated over 5 years ago on . Most recent reply

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Michael Tootelian
  • Real Estate Broker
  • Chicago, IL
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Looking for tips on wholesaling condos

Michael Tootelian
  • Real Estate Broker
  • Chicago, IL
Posted

Hello wholesalers, I'm surrounded by condos. Would anyone be kind enough to give me a couple of pros and cons on wholesaling condos?

Thank you!

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Roland Paicely
  • Raleigh, NC
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Roland Paicely
  • Raleigh, NC
Replied

I'd say probably the main difference is that condos are usually cheaper than houses.  Resulting in a lower fee for you.  Also, typically they don't sell as fast.  Of course, those are simply general statements and can vary depending on your market.

Otherwise, the process is the same and at times easier because it's easier to get comps on condos.

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