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Updated about 7 years ago on . Most recent reply

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108
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Brandon Gamblin
  • Saint Louis, MO
19
Votes |
108
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Wholesaler and Investor Relationship.

Brandon Gamblin
  • Saint Louis, MO
Posted

Question for investors (wholesalers, fix and flip and rental):

Once a wholesaler gets a property under contract, can someone describe to me what the wholesaler to investor relationship looks like? I know it's different from every set of investor and wholesaler, but I'm just talking in general (and you can be specific as well).

What is your personal experience in dealing in this type of relationship? Does the investor ask the wholesaler to reduce the price? Is the investor’s most logical move to go to the property and do a walk through with his contractor and estimate repairs?

What might run through an investor’s head when evaluating a wholesale deal? 

All in all, I'm trying to get an understanding on the ethics of this relationship. Opinions from both fix & flip investors and wholesalers are welcomed. 

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Tim G.
  • Rental Property Investor
  • San Diego, CA
1,918
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Tim G.
  • Rental Property Investor
  • San Diego, CA
Replied

can someone describe to me what the wholesaler to investor relationship looks like? An investor and wholesaler working to agree on the terms and price for a property. 

What might run through an investor’s head when evaluating a wholesale deal?  Can I make money on this property

What is your personal experience in dealing in this type of relationship? 

Does the investor ask the wholesaler to reduce the price? Sometimes

Is the investor’s most logical move to go to the property and do a walk through with his contractor and estimate repairs? Run comps first, to see if there's a chance its a real deal, then go inspect and estimate repairs

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