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Updated about 9 years ago on . Most recent reply

User Stats

8
Posts
6
Votes
James Annello
  • Waterford, CT
6
Votes |
8
Posts

Wholesaling (getting houses under contract)

James Annello
  • Waterford, CT
Posted

Hello everyone,

I am trying to begin wholesaling but am slightly confused on where to start. I know everyone says that you need to find buyers first but how do you find buyers if you have nothing to sell to them. I was wondering if it would be a god idea to find a couple properties and get them under contract and then advertise those properties to start a buyers list, then grow from there. The only problem I see with this is, what if i do not find a buyer for a certain property. Could I put a contingency in that says the offer is contingent upon my partners approval. Would that cover me if I dont have a buyer or would it not be valid because I never had a "partner"

THank you everyone,

James

Most Popular Reply

User Stats

47
Posts
15
Votes
Meghan O'Connor
  • Carmel, CA
15
Votes |
47
Posts
Meghan O'Connor
  • Carmel, CA
Replied

Hi James!  Don't get hung up on building ur buyers list specifically because buyers will come naturally once u network. .that is what u need to concentrate on initially...networking.   Once investors meet u and realize ur finding off market properties, you'll b able to build ur list that way (organically if u will) 😀.  If u find a no-brainer great deal, u should have plenty of interest.  

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