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All Forum Posts by: Benjamin Bryant

Benjamin Bryant has started 2 posts and replied 4 times.

Thanks for clearing that up guys. I think it is time for me to find a new attorney.

Post: How much money do you need to start wholesaling?

Benjamin BryantPosted
  • Elizabeth, NJ
  • Posts 5
  • Votes 0

Are you saying that the end buyer pays closing costs on assignment of contract?

I spoke with an attorney today about wholesaling and they told me that you have to own the property to sell it. Anything besides selling property you own in practicing real estate without a license. I am assuming that means you have to double close in New Jersey. I am curious how fellow wholesalers in New Jersey getting around this.

I am also looking for a good title company or closing attorney in North Jersey. Any good recommendations?

Post: How much money do you need to start wholesaling?

Benjamin BryantPosted
  • Elizabeth, NJ
  • Posts 5
  • Votes 0

I am wondering how much money do most successful wholesalers use to start their business? I know you must have a marketing budget but what are the other costs that usually don't get publicize? I am really excited to get started making deals. I have find some vacant houses and I started making a buyer list. I don't want to pull the trigger and get a property under contract and can't close it for lack of funds. I want get a good picture of money going into deal before getting your assignment fee out.

I am just starting out and any advice will be appreciated.