Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on .

User Stats

16
Posts
10
Votes
Zoie Holley
  • Rental Property Investor
  • Columbus, OH
10
Votes |
16
Posts

Wholesailing Questions first deal!

Zoie Holley
  • Rental Property Investor
  • Columbus, OH
Posted

Okay so basically I found a seller who wants to sell their home for cash, we talked about the defects of the home and I have a few questions. I'm a little wet behind the ears so please be patient with this post 

1.) How would I know what the ARV is? he told me all the work that needs to be done so would I just add that to his asking price to get the potential value?

2.) When I check out the house next week should I find a contractor to come with me? 

3.) Let's say I'm willing to put the house under contract, where do I go and how do I do that (referring to paperwork) do I go to a title company?

4.) How do I find investors? (I have any idea, but just wanted to know everyone's input) 

5.) How would I approach the investor or how would I make sure they don't go behind my back and kick me out of the deal?

6.) If I find an investor willing to pay the price, where do I go from there? Do I sign over the contract to him?

You don't have to answer all the questions but it would be greatly appreciated :)