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Updated about 9 years ago on . Most recent reply

Kim Handelman's profile image
Kim Handelman's profile image
Kim Handelman
  • Real Estate Agent
  • from Guilford, CT
  • Member since Feb 11, 2014
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Kim Handelman's profile image
Kim Handelman's profile image
Kim Handelman
  • Real Estate Agent
  • from Guilford, CT
  • Member since Feb 11, 2014
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Kim Handelman
  • Real Estate Agent
  • Guilford, CT
88
Votes |
193
Posts
Starting Out

Down Payment to rich for my blood!

Kim Handelman
  • Real Estate Agent
  • Guilford, CT
Posted

Hey Everyone,

I am a newbie wholesaler (only one deal under my belt) and I have a lead on an $800K (wholesale price) property. How do I come up with a down payment? Any creative strategies to help me get this under contract?

  • Kim Handelman
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    Jayden Pudney's profile image
    Jayden Pudney's profile image
    Jayden Pudney
    • Wholesaler
    • from Apache Junction, Arizona
    • Member since Jan 6, 2016
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    Jayden Pudney's profile image
    Jayden Pudney's profile image
    Jayden Pudney
    • Wholesaler
    • from Apache Junction, Arizona
    • Member since Jan 6, 2016
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    Jayden Pudney
    • Wholesaler
    • Apache Junction, AZ
    9
    Votes |
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    Jayden Pudney
    • Wholesaler
    • Apache Junction, AZ
    Replied

    What do you mean down payment? Like a certain amount of money to put the property under contract?
    Just do $10 down and find a cash buyer.
    Easy as that.

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