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Updated over 3 years ago,
How do I find a wholesaler?
I am relatively new to real estate. We bought our first rental house not quite a year ago. It works out OK, but we paid market for it. I am trying to be smarter now, and look for a deal, but I have no clue where the deals are, and would happily pay someone to find me one.
So, in general,
- How do I look for a wholesaler? What are the pitfalls to watch for?
- What kind of agreement do I need with him/her?
- How much, percentage, or dollar figure, should I expect to pay?
We are in search for a single family, or duplex, in Kansas City area area, $150-200K price range.
Thank you!