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Updated over 4 years ago on . Most recent reply

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3
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Jesse Slater
  • Grand Rapids, MI
0
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3
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Wholesaling an apartment complex

Jesse Slater
  • Grand Rapids, MI
Posted

I am a real estate agent with a larger brokerage.  I have been sending postcards to distressed properties for an investment opportunity for myself.  I got a callback today from this 7 or 8 unit complex wanting to know what I would pay for it.  Since sending this postcard, I have purchased my first investment property and am maxed out right now.  I don't believe my brokerage allows me to wholesale.  I have never delt with or analyzed a complex.  It feels like it is over my head.  Should I reach out to a local wholesaler and offer the lead to them?  Since I cannot accept money for this, maybe I could ask if they are willing to teach me the process of making an offer on this one in exchange?  Any advice would be appreciated.  Thank you!

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