Wholesaling how to not get stuck?
Hello guys, I started the BP podcast in August and its been a daily thing. I am interested in buy and hold rentals but my wife and I were walking in a very nice area of our city of Hollywood Florida. And found this shell of a house. I'm thinking I'd like to offer and wholesale this for someone who can rebuild and flip this property. And I feel too inexperienced to take on a flip like this but this could benefit someone on BP here. I don't know much about wholesaling and would like to know:
1) How do you get the deal?
2) How do you avoid getting stuck with the property.
I am contacting the listing agent to find out more about this address. I looked up both neighboring properties both were valued at $650,000 this is an area that has million dollar homes and is very close to the ocean.
What are the right questions to ask the listing agent?