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Updated almost 5 years ago on . Most recent reply

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Matthew Spence
  • Goldsboro, NC
4
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10
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Wholesale scenerios good and bad

Matthew Spence
  • Goldsboro, NC
Posted

Wholesaling is something I definitely want to get into being young and working full time. I’ve watched YouTube videos and read a book and just recently got another one next thing is to just do it, but don’t want to get a house under contract and have to back out on the seller because I can’t find a buyer and screw them over with me not having a big enough network in my area. Anything is helpful thanks!

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Barry Pekin
  • Specialist
  • Purcellville, VA
841
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1,216
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Barry Pekin
  • Specialist
  • Purcellville, VA
Replied

@Matthew Spence,

If your biggest concern is getting a house under contract and then not having a buyer, then address that concern. Find buyers. It's not that hard. Start networking through local REI groups and FB groups. Look for houses being rehabbed and talk to the people there. Once you have a nice solid list, this won't be such a big concern anymore.

Next, think about what your next biggest concern is and work on that.  And so on, and so on.

For me, my next biggest concern was not having a good title company.

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