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Updated over 10 years ago on . Most recent reply
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Newbie in Real Estate Wholesaling
I wanted to start as a real estate wholesaler. I live in Stockton California and have been doing a lot of research with being a wholesaler. I have very little capital and I am trying to develop a buyer's list now and have a few questions.
I am new at this, so I hope I am asking the right questions.
1) Does anyone have any point of contact near Stockton,CA whom I can shadow?
2) Is it true that I do not need a license to do wholesale?
3) How can get a sample contract for my use?
4) How long should I hold a contract before selling?
5) Do I inspect the home first then have my cash buyer inspect?
My understanding with wholesale is there is a seller, me(wholesaler) and
then the cash buyer. Are there any parties involved?
Your support is very much appreciated.
Respectfully,
George