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Updated over 11 years ago on . Most recent reply

User Stats

14
Posts
3
Votes
Matt B.
  • Worcester, MA
3
Votes |
14
Posts

Business Model

Matt B.
  • Worcester, MA
Posted

As I am just starting out, I wanted to get some opinions on my business model. Although I initially want to do as much wholesaling as possible to build capital, I don't want to be a one trick pony. When I make contact with a motivated seller, I don't want to just walk away after giving them only one option. I would like to take more of a "real estate solutions" approach, so if wholesaling isn't the right answer, we can try to find other types of deals, such as subject to's, sandwich lease options, seller carrybacks and other ways to purchase the property myself to flip or rent. I want to be able to help the seller as much as make a good deal.

I was just wondering what others thought about this from a start-up perspective. Do you think it's trying to do too many strategies at once? And for those of you from the area, are you aware of any legal issues in Massachusetts with any of these strategies?

Most Popular Reply

User Stats

14
Posts
3
Votes
Matt B.
  • Worcester, MA
3
Votes |
14
Posts
Matt B.
  • Worcester, MA
Replied

I appreciate all of the help. There definitely seems to be a general consensus here. Rather than put the cart before the horse, I guess it will be best to wholesale as much as possible and if a problem does come up, try to partner with someone who is more experienced and learn from them.

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