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Updated over 8 years ago on . Most recent reply
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Wholesaling help!!
Hello BR, I'm very new to all of this but am eager to learn the ropes. From what I have researched wholesaling is the best way to make money with no money down. That way I can continuously save so that I can eventually flip homes.
If anyone can answer these questions in would be greatly appreciated!!
1 Are foreclosures the best for wholesale markups?
2 Do you need to form a corporation or legal business In order to wholesale homes?
3 How do wholesale with no money down? Do I need to get a loan?
Thank you all for reading my post and sharing your wisdom. I look forward to making connections with a lot of you, I am based in Long Island New York.
Most Popular Reply
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Michael Quarles
#1 Marketing Your Property Contributor
- Flipper/Rehabber
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@john it certainly isn't fast. Easy is lucky at best.
I'm also a believer that entering into an agreement to purchase without the ability is wrong. Learn all 5 types of investing models. Then pick yours and buy some homes.
As important. You'll want to learn your DRE / BRE laws.