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Updated over 7 years ago,
WHOLESALE: What are the first steps?
Hey guys, I'm just starting out in Whole Sale, and I have so many questions. I've already read a few books, listened to podcasts, watched videos, and I've just gathered so much information. I'm trying to figure out the first step I need to take. What should I do?
I've been scouring craiglist to look for distressed properties. One important question: Does it matter if a house is bank-owned or being sold by a realtor?
Some other things to note:
I've seen a few discouraging posts about wholesaling in general. A few points being raised that wholesaling is "borderline illegal". Can anyone more experienced help clear up why someone would say this?
Last thing: I live in Orlando, FL... are any of you in contact with people in FL? I'm currently looking for friends literally anyone that can help me out.