How To? - Wholesaling in Down and Saturated Market

[Chris Uhler]

Hey Everyone,

Is there anyone that is currently in a down and saturated market that's a wholesaler? I started wholesaling in a solid market with positive growth, but as I started to think about where we used to live, this came to mind. I realize wholesaling is all about buying at a deep discount and selling below market.....

• What challenges does this type of market present when it comes to hard money loans, cash influence in the area, buyer's risk tolerance, Sub 2 marketability, DOM expectations, etc.?
• As a wholesaler, if you had a choice, where would you rather be - In a hot market with solid competition or in a slow market in a decline with limited competition?