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Updated about 1 year ago on . Most recent reply

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Safwan Aziz
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10
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Should I focus on wholesaling or go to the sheriff auctions

Safwan Aziz
Posted

Hello Friends, 

I am debating whether or not I put my energy towards wholesaling or head to the sheriffs auction for foreclosures. I am hoping to hear some opinions. Thank you.

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Mohammed Rahman
  • Real Estate Broker
  • New York, NY
836
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1,679
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Mohammed Rahman
  • Real Estate Broker
  • New York, NY
Replied

Hey @Safwan Aziz - both of these things aren't easy, depending on which location you're focused on. 

I'm speaking from experience in the NYC market FYI. Even if you were to get properties at auction, you have to demonstrate that you have the funds to close and not just looking to make some quick money by flipping the contract to someone else. 

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