Buying from wholesalers

[James Bing]

Hello all,

I'm a boring buy and hold investor and I've always bought on-market homes. I'd like to start looking at deals from wholesalers and doing some light-BRRRRs. No interest in finding my own leads for off-market houses, so I'd rather pay a finder's fee to a wholesaler than going down that road.

I'm looking for advice on finding credible wholesalers to work with. I've reached out to a couple I've found online but they were unprofessional and didn't inspire much confidence--and then they didn't have any deals. It's pretty weird to get a sales pitch from someone who doesn't even have something to sell. 

There seems to be a lot of  advice out there for people getting into wholesaling, but I can't really can't find much guidance for buying from wholesalers. But all these wholesalers must be selling to someone.

How do people connect with credible wholesalers? I assume most have a list of buyers that they market their houses to but I'm not really sure how to find my way onto the right lists. Seems like it shouldn't be that tough to get someone to take my money.

Any advice would be appreciated! And if you're a wholesaler in the Seattle area, feel free to reach out and connect.

[Marc Rice]

I'd join your local FB real estate groups and attend your local REIA/real estate meetups. You'll find the active wholesalers there and can ask people of their credibility. Overall wholesalers are not held to any standard so you need to be careful and engage an attorney or realtor to ensure you're not getting scammed.