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All Forum Posts by: Adam Klyvert

Adam Klyvert has started 2 posts and replied 3 times.

Post: Wholesale Real state the right way?

Adam KlyvertPosted
  • Posts 3
  • Votes 1

Good afternoon all,

My first post was about being new to REI, and my decision to go the route of wholesale. Reason being is a lack of funds to use for a "buy and hold" or "fix and flip" strategy. So I chose this strategy not because it seemed easy, just accessible. After fully immersing myself in the world of Real Estate investing, I've spent the last 2 weeks researching, reading, watching podcasts. Most importantly I paid close attention to the legal and ethical issues involved. Opinions on both sides of the fence, And it occurs to me that there is a fine line between doing it the right way, and possibly ending up with a cease and decist order or worse. So what have I learned so far in my journey into this new discipline? For starters All of my deals will be through double closings. I am currently building a cash buyers list so as not to risk tying up a property only to not close in the end. I will be getting a Broker's license, just to ensure I stay on the "legal" side of the fence. If anyone reading this has any suggestions I am open to all

Aaron,

Thank you, your input is very much appreciated, any information I can get at this point will be helpful.

I will definitely look into the resources you mentioned. Again thank you

Hello all I am new to the site, as well as REI. I am a former truck driver and Photographer, I am making the jump into a new field. After some research the logical place for me to start is Wholesale. Not because it is perceived as an easy start or there is less risk involved, but because my cash flow is limited. So, long story short, my purpose for being here is to learn. Possibly make some contacts and maybe somehow help someone else along the way.