Detroit Wholesalers: Why Do Your Deals Suck So Bad?!

[Chris Morris]

Wholesalers in Detroit are making it nearly impossible to find good deals. Too many are locking up properties at retail prices and tacking on outrageous assignment fees, leaving no room for investors to profit. It feels like the focus has shifted from creating value to chasing quick payouts, with little regard for the end buyer. The result? Investors like me are left sifting through overpriced junk instead of finding real opportunities.

[Arsen Atanasovski]

I can say in Detroit the wholesaler your talking to has most likely found that deal from 2-3 other wholesalers, they literally have to payout 2 - 3 other parties to get the deal and this is what the fees are high and the deal makes no sense. If you were to buy direct from the owner you will get great deals! I only purchase direct from owner and no assignments. It’s just not worth it in Detroit especially with the low price points.