I located my first wholesale deal
8 Replies
Tre Coleman
from Washington, DC (washington dc)
posted almost 2 years ago
Ok so I’ve recently been reading books on how to get started with wholesaling. I’ve located a property I see that has potential. So now what do I do? How do I approach the seller? And also what’s a good way to find buyers?
George Blower
Retirement Accounts Attorney from Southfield, Michigan
replied almost 2 years ago
Welcome to BP & Best of Luck!
Tre Coleman
from Washington, DC (washington dc)
replied almost 2 years ago
Thanks
Daphney Jacques
replied almost 2 years ago
@Tre Coleman find the potential seller info online and contact them directly see if they are interested in allowing you to purchase the house make sure you have contract drawn up and ask if you can see the house good luck
Tre Coleman
from Washington, DC (washington dc)
replied almost 2 years ago
How do I come up with contracts for it? What is it that has to be said in the contract so I won’t get fined for wholesaling the house? Am I actually buying it if I’m just trying to do wholesaling? Do I contact them first before having a potential investor to buy the property
Daphney Jacques
replied almost 2 years ago
@Tre Coleman it is best to find a seller if you have a good deal and market it right the buyers will come you can find contracts online pdf files even bigger pockets might have some as well but to be on safe side always have an attorney to look at it to protect yourself
Tre Coleman
from Washington, DC (washington dc)
replied almost 2 years ago
Ok thanks. So I have the contract ready b4 I contact the seller?, sorry for the ample amount of questions I just want to go about this the correct way.
Daphney Jacques
replied almost 2 years ago
@Tre Coleman yes have it ready
Tre Coleman
from Washington, DC (washington dc)
replied almost 2 years ago
Thanks so much