Wholesaling vacant lots
4 Replies
Joshua Peuker
posted about 1 month ago
Hello everyone, I’m green and I am interested in wholesaling to gain capital. My city has many vacant lots, Is it possible to do a wholesale on a vacant lot? Or find a cash buyer for a vacant lot?
Advice and info would be much appreciated.
Thank you,
Josh P.
Nikolai Pidkalyuk
Flipper/Rehabber from Chicago, IL
replied about 1 month ago
@Joshua Peuker listen to the bigger pockets podcast episode 39, I think you will find that helpful.
Joshua Peuker
replied about 1 month ago
Thank you!
Steve Morris
Real Estate Broker from Portland, OR
replied about 1 month ago
Well, think about it - There may be a reason those lots are vacant for a long time.
Don't see too many people land-banking. If they buy its a long cycle to get pre-approved for what you want to build.
Joshua Peuker
replied about 1 month ago
Steve thank you for the input. I will consider this information as I continue to do research.