Quote from @Mohammed Rahman: If you’re getting started with wholesaling in NYC, here’s the deal—this market is competitive, but there's money to be made if you know how to move smart.First, focus on learning how to spot distressed properties or motivated sellers.

There are many investors out there who are finding deals where sellers are offering credits to offset closing costs. 

My biggest motivation is to build a better future for myself and to retire my parents.

.🛠️ They take abandoned homes and turn them into safe places for families🌱 They bring life back to neighborhoods that others wrote off 📚 They create spaces for small businesses, nonprofits, and neighborhood services.They’re not just chasing cap rates—they’re using their development skills to give back, one property at a time.As a former Director of Lending at a CDFI, I exclusively financed the acquisition and rehab of 2-4 MF and small apartment buildings that overlooked by local banks and credit unions.Nearly all my clients had 1 of 3 things in common (many had all 3) that motivated them to complete their redevelopment project, they either:1️⃣Grew up in the area,2️⃣Still attend church nearby, and/or3️⃣Have a family member that still lives in the neighborhoodAnd here’s the thing:↩️These impact-minded investors still make a solid return, often with Equity Multiples over 3.0x.

You would need to find a company the seller hired or get something in writing from a neighbor that witnessed the water in the basement or repairs during the seller's ownership.Confused about your statement, "If my lease wasn't about to end after two weeks, I would hold off and negotiate with seller for the issue".- Did you move into the house or did you rent it out?

I help him out regularly and believe he’s motivated to sell.My Situation:With higher interest rates right now, I’m looking to get the purchase price down to make the deal more affordable and sustainable for me.

@Shweta San I think it would be really good to understand your goal with offering seller financing on your condo.

And if you’re new and motivated you will find your first deal.

What are some effective ways you have found to connect with motivated buyers?

There are options of seller providing concession or money towards closing fees but in many cases that makes your offer much weaker in competitive situations.