Saint Peters, MO · Member since 2021 · 1 post · 1 vote
I’m trying to get started in wholesaling and I’ve done a lot of research but I’m wondering where to go after I’ve found a distressed property and what contracts to use to get that distressed property.
Hey Matthew! Once you find a distressed property you have to skip trace the owner. Skip tracing means that you find out who the owner of that distressed property is, and get into contact with them. There’s lots and lots of softwares that help you find who the owner is.
If the owner is motivated and wants to sell, then you use a Purchase and sales agreement to get the property under contract.
Watch YouTube videos on skiptracing, and videos as well as talk to an attorney on how to create this contract.