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Updated over 3 years ago on . Most recent reply

User Stats

141
Posts
130
Votes
Jeff He
  • Investor
130
Votes |
141
Posts

Seeking advice about evaluating + including wholesaler in deals

Jeff He
  • Investor
Posted

Open question to the wholesalers out there and people who work with wholesalers. 

If the deals wholesalers find are good, what's stopping them from doing the deals themselves? Is it safe to assume that wholesalers only pass on deals that they themselves pass on? 

Have you ever met wholesalers that are interested in also participating in the deals they find with the buyer? For example, they get paid their finder's fee (bid-ask spread), but they also get the opportunity to invest their own dollars and become a LP in the deal? 

Most Popular Reply

User Stats

33
Posts
30
Votes
Daniel J Cano
  • Property Manager
  • Orange County CA
30
Votes |
33
Posts
Daniel J Cano
  • Property Manager
  • Orange County CA
Replied

Most wholesalers are young with little capital or knowledge of flipping or investing (how I started). Seasoned ones typically choose wholesaling as their business model, because they can net 10k-30k or more per deal, in less than a month, and they aren't exposed to the market fluctuations or risks. that's a WIN for any business. 

I am that Wholeseller interested in partnering in the deals lol. Wholesaling allows you to provide MASSIVE value to investors; there lies your ticket into their circle. This is how I transitioned from wholesaling to partnering with a local flipper. 

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