Every wholesaler has a story about “what this could rent for.”

I’m currently a wholesaler, but I’m looking to buy my first investment property/house hack in the Phoenix area.

Quote from @Deon Johnson: @Shiloh Lundahl I have talked to mentors and other investors I got the same response so I have pivoted to a wholesale deal with a small fee just to get experience and skin  I think that is the correct move

My plans are to start a wholesale business as soon as my efforts allow.

- Appraisal gaps- Increase contract deposit amountIn other markets; people shorten inspection/due diligence periods, pay seller's closing costs (i.e. transfer taxes), offer to pay a higher EMD.That said, the best 'tactic' is knowing your #s, knowing how to underwrite the deal, AND knowing how to establish a relationship with the other party (i.e. seller, seller's broker, wholesaler, etc.). 

Any particular reason you are looking to wholesale?

Hey BP community 👋

I’m based in Chattanooga, TN, and I’m looking to connect with investors focused on Short-Term Rentals (STRs) and event venues—especially those seeking unique or underutilized properties with upsi...

.📅 What to Look for This WeekNow that the government has reopened, watch for:September wholesale inflationSeptember retail salesCase-Shiller home pricesFHFA home pricesPending Home SalesThese will heavily influence market sentiment as we move toward the December Fed meeting.📈 Technical PictureMortgage Bonds are testing a dual ceiling at the 25- and 50-day Moving Averages.

You can also connect with local agents, wholesalers (with zero experience I would recommend starting out with an investor-friendly agent), contractors, and lenders at these events.

For wholesale deals, they'll likely want you to use hard money.