Dallas, TX · Member since 2018 · 2 posts · 0 votes
Hey guys! So I'm super new to wholesaling, and I think I may have my first deal. My MOA number on the property is way smaller than the seller's asking amount. After doing my own research, her asking price is most reasonable, and the house has about 10K+ in repairs (if that). Therefore, I was gonna find a real estate agent who also invests in property. Ive found several agents I like, but I don't know what else I need to do other than contact them about the property. Any help is greatly appreciated!!
@Janay Breckenridge First thing, get the property under contract. You can't do anything if you don't have an interest in the property.
Next, why do you want to wholesale to an agent who happens to be an investor? That's a tiny market to try to sell to. Rather go on craigslist and call For Rent ads posted by landlords, ask them if they're interested in buying another rental.
I think you'd be better off avoiding real estate agents. Find buyers. Most RE agents either don't understand wholesaling, or if they do understand it they don't like it.