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Updated almost 2 years ago on . Most recent reply

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Connor Benn
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Using Wholesaler on First Deal!

Connor Benn
Posted

Finding a good cash flowing deal is tough these days. Would using a wholesaler's services on my first deal to find a reasonably good deal, on a duplex for example, be an option? I understand that wholesalers hold no fiduciary responsibility and therefore I'd still need to vet the property myself. If this is an option, are there any good local wholesalers nearby that anyone knows of?

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Eliott Elias
  • Investor
  • Austin, TX
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Eliott Elias
  • Investor
  • Austin, TX
Replied

You should always do your own due diligence, it does not matter whether the person you’re working with is a fiduciary or not. Look at real data, all the time, whether it’s comps, or real quotes from contractors. Buying from wholesalers is a great option.

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