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Updated almost 10 years ago on . Most recent reply
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I don't want to be unethical and dishonest.
Hello and greetings to the great world of biggerpockets. I am a newbie in the Tampa Bay Area. I have been a lurker here on the forums for the past 6-7 months and I must say this site is one the best things I have ever encountered on the internet with vast knowledge and great people.
I have recently decided to pull the trigger and "just do it". I am currently in the process of starting my yellow letter campaign that I will hand write for a while until things pick up for me. In regards to wholesaling, I feel that it is unethical and sort of dishonest to pose as a "cash buyer" when my intentions are to flip the contract. This just may be me but it is how I feel about it. I refuse to do any kind of business in an unethical or a dishonest manner. Is there a way a better way to keep the process honest and smooth with the seller? Right now my plan is to take the "I am willing to make you a fair offer" or "Cash for Homes" instead of "I buy houses" approach. Help would truly be appreciated.
Thanks
Most Popular Reply
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Welcome to BP! I totally get you. I remember I called and asked a mentor exactly how am I helping people? I understand it's not illegal, but I need to know exactly how I'm helping real estate agents, other investors & homeowners in this industry if I wholesale a property? After he had a long laugh, when I was dead serious, he explained that I'd be the problem solver liaison.
You can be honest and successful... go for it! :-)