What happens if I can’t find a buyer in 30 days?

[Travon Billups]

I just started out in wholesaling and I want to begin looking for distressed property now but I’m afraid of not being able to find a buyer in 30 days. Could someone share their best and worst experience with not finding a buyer and some ways I can prevent that from happening?

[Anthony Dadlani]

@Travon Billups

This is the major challenge all wholesalers have with the assignment method of wholesaling. We prefer the purchase and sale method. That gives you time to find a buyer as well as make small improvements. However you need cash or a capital partner to make this strategy work.

Having a extensive buyers list or co-wholesaling with someone who does (once you have the property under contract ) is important.

Best of luck in all your endeavors.