Wholesaling Business and Processes
8 Replies
Leonardo Gomez Padilla
New to Real Estate from Mission, Tx
posted 4 months ago
Hi everyone,
I am very interested in wholesaling and I have been researching for a couple of months now, I've talked to some local landlords, agents, title companies and attorneys in regard to wholesaling but I seem to get a rejection about wholesaling and they just don't know what I'm talking about.
I am located in the south valley of Texas (McAllen, Mission, Edinburg...) essentially Hidalgo County. And my goal is to do a wholesaling deal but I can't get any help from the local real estate investors.
I would love to connect with someone who actively does wholesaling or has done this type of deals before in Texas (specially if there's anyone that has done it in my market).
thank you everyone! And I would appreciate a response!
Julio C.
Rental Property Investor from Mexico
replied 4 months ago
I’m an investor with some multifamily properties in McAllen and you are right, no body is doing wholesaling or talking about it. I would be glad to take a look on your deals and maybe buy them.
Leonardo Gomez Padilla
New to Real Estate from Mission, Tx
replied 4 months ago
I know I've been struggling a lot trying to find the right paper work, such as the option to buy, the assignment contract and I just recently got the purchase and sales agreement from the TREC but I still need to review it.
If there's anyway that you can help me with these contracts I'll be more than happy to work with you and bring you potential properties as I've been driving for dollars for the past weeks and researching the properties.
ill send you my email address through dm,
And thank you for your response!
Matthew Berry
from Denton, TX (DFW)
replied 4 months ago
Hey Leonard,
I'm also a wholesaler in Texas and when I started out, I was using the TREC contract. Most of the time, sellers will get skeptical and not sign once they see how long it is. I almost didn't get a seller to sign my first contract because of this. I have a one page you can use that is legal if you want it.
Leonardo Gomez Padilla
New to Real Estate from Mission, Tx
replied 4 months ago
Hey Matthew,
Absolutely, all the help posible Is greatly appreciated
Barry Pekin
Specialist from Purcellville, VA
replied 4 months ago
@Lydia T. would be an AMAZING resource for you!
Leonardo Gomez Padilla
New to Real Estate from Mission, Tx
replied 4 months ago
Thank you all for the support!
thank you Barry
David Fair
Flipper/Rehabber from McAllen, TX
replied 4 months ago
Leonardo, let me know if you still need help with contracts and a title company.
Leonardo Gomez Padilla
New to Real Estate from Mission, Tx
replied 4 months ago
Hi @David Fair
yes absolutely need help with those contracts and a title company would be in much help. Thank you!