Would it make sense to call a bandit sign for leads?

[Alex Nash]

I'm looking for my first deal and as I was driving around I saw a bandit sign on a pole in my area. It made me think, "If this guy is a wholesaler looking for deals, he might also be looking for investors to unload them on." Does anyone have any experience using these signs in reverse? Would it be crazy to call them and ask if they have any deals to pass along?

[Scott T.]

Hi Alex,

I've heard this is used as a (contact - networking) strategy for lease option, etc. leads... because most wholesalers either quickly flip, or fix- n- flip properties they don't hold themselves... and are thereby are always looking to ADD new emails, etc. to their (potential) 'buyer' contact lists. 

It seems that many of these guys are focused on doing one or two types of deals ... so depending upon your angle, perhaps they might resell to you for quick cash, or work with you on a resale split (?) etc. Can you perhaps elaborate on your own area(s) of focus, what their bandit sign says and/ or what they said after you initially contacted them??? I have read that some wholesalers have 'leads' they can't (i.e. won't) be doing anything with, because it's NOT there area of expertise, or focus. 

If you have another (complimentary) avenue to make 'deals,' then it would make sense (like potentially networking with: RE agents, mortgage lenders, title cos, etc.) that they might well be receptive to either reselling 'flips' to you (?) and/ or perhaps even working a percentage split?? I would link relevant videos I viewed on YT, but no live links are allowed, and I to am new here, so just search relevant key work phrases, online.   

ATB, Scott ;-)