Newbie question:needs money NOW

[Andre Blanchet]

What kind of paper work should I bring with me to my first wholesale gig? What should I research before I arrive at the viewing/walk thru? Should I print out some MLS documents or county proof of cash sale records to make the deal work out in favor of my cash investor! I'm afraid of underestimating AVR, what would be the best way to eliminate any mistakes on my part! Thank you BP all the priceless knowledge:) I am financially at rock bottom, we have moved three times this year and we are moving for a fourth time so I have to make this happen quick thank you every one for all the help:)$$$

[Darrell Shepherd]

Originally posted by @Andre Blanchet:

What kind of paper work should I bring with me to my first wholesale gig? What should I research before I arrive at the viewing/walk thru? Should I print out some MLS documents or county proof of cash sale records to make the deal work out in favor of my cash investor! I'm afraid of underestimating AVR, what would be the best way to eliminate any mistakes on my part! Thank you BP all the priceless knowledge:) I am financially at rock bottom, we have moved three times this year and we are moving for a fourth time so I have to make this happen quick thank you every one for all the help:)$$$

This is confusing.  Have you identified a property that is a potential deal?  I dont do much research on my walk through.  If you are a contractor, you need to write up an estimate for repairs and look for any big ticket items (like termites, foundation issues, etc.)

You need to get some help on your ARV if you've never done one. Not rocket science, but if you dont have the tools or market knowledge you're gonna be at a loss and this is the single most important thing to know.

Lots of money to be made in this biz, but its not quick and easy with no money, no experience like some people make it out to be.  Best of luck, though.  My suggestion if you are a contractor is to team up with local investors that are doing volume and offer to work at a discount if they show you the ropes.  That'll be some quick money to keep the bills paid and you can learn from them as you do some work.  I'd take that deal in an instant. Then find out what they'll buy and go make a ton of offers on that kinda house at less than they'll pay for it.   Keep the difference, repeat the process.