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Updated over 7 years ago,
Questions about Wholesaling
I am new to the Bigger Pockets forum and am just getting started in Wholesaling. I had a few questions that I was hoping maybe a seasoned Wholesaler could help me with. Any feedback would be greatly appreciated.Thanks!
1.) Do you recommend contacting other investors from their we buy houses signs as a means to find buyers?
2.) When attempting to wholesale, does the seller have to own their home free and clear for the deals to work?
3.) Is there an out clause or verbiage that you recommend using in your purchase agreement that will allow you to get out of the contract so that you don't get stuck with the property in the event you cannot secure a buyer?
4.) When marketing as a wholesaler, do you use separate contact numbers or voicemails for buyers and sellers?