All Forum Posts by: Serge Bertossini
Serge Bertossini has started 1 posts and replied 1 times.
Post: Wholesaling

Serge BertossiniPosted
- Real Estate Investor
- Montreal, Quebec
- Posts 1
- Votes 0
I went to a 3-day Real Estate Investing seminar and I an considering starting my real estate investor strategy by doing wholesaling. The seminar representative gave me a list of U.S. banks and I need to contact them and ask for a list of distressed properties and go from there.
They provided me with a formula and if there is enough profit ($30K-$40K) then I need to approach an investor that is eager to take on the flipping opportunuty.
I need to know what is the potential of success using that method?
Please indicate the reason(s) why I should or shouldn't try and also indicate how I should proceed.
Thank you for your input!