WHOLESALING (ATLANTA, GA)

[Anthony Crawford]

My ULTIMATE goal in REI is to purchase/rehab/sell (flip) however I am quickly learning that this goal requires CAPITAL (which I don't have) and/or excellent CREDIT (also, don't have....don't judge me lol) so I have been considering building capital via WHOLESALING (not really something I wanted to get into originally but cld possibly get me to my goal)....so here is my question:

INVESTORS: what are some DOs and DONT's you would suggest to wholesalers?  Do you prefer to work with wholesalers? Why or why not?

WHOLESELLERS: any tips from experienced wholesalers would be great!

Thanks!

[Ronny Crawford]

Anthony,

As a Cash Buyer I am looking for a wholesaler that can understand what I'm looking for and not try to "Over-Sale" the deal. I research every property thoroughly. I run comps, I drive the area, I walk the property and I do the math. If a wholesaler marks up the ARV and marks down the Rehab costs to inflate the Potential Profit too much, or too often, they lose respect points as a good wholesaler. I'd rather see the Real Numbers, or the Worst Case scenario on a potential wholesale deal.

I will buy and flip for a $10,000 - $15,000 ROI. I do not have to see a "Potential Profit" of $50,000 to consider the deal. I prefer accuracy as my time is important.

Feel Free to PM and add me to your buyers list.  Best of luck in your WS to Investor Path.  Keep at it and you will succeed!

Ronny