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Updated over 15 years ago on . Most recent reply
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Why does wholesaling work?
Why would an investor pay a wholesaler thousands of dollars for a referel/assignment (whatever its called). The investor has the same resources to find houses that the wholesaler does, probably more even, considering (my opinion here) that I would imagine most wholesalers are beginner investors dont have all the resources.
Most Popular Reply
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Nick,
I work for a wholesale investment firm in Memphis. Investors buy from us b/c they do not have access to the deals like we do and we also have a turn key system in place ( contractors, management companies, closing attorneys ). Most regular investors do not have a team in place. The main thing to think about is that most investors still have full time day jobs that make it difficult to do everything like our company can do. Hope this answered your question.
- Curt Davis