Is Killeen a good area to wholesale in?

[Ronita Gilliam]

Hello all

I want to get started in wholesaling. I have been learning as much as I can through various channels, which is how I came across information about this site. I am from Houston but currently live in Killeen. Is this a good area to get started with wholesaling? 

[Brian Adams]

I'm an agent in the Killeen area. I know a couple successful wholesellers. There are a couple Homevestor (We Buy Ugly Houses) franchises that get deals in our area as well that they wholesale.

It can be a difficult market for wholesaling, however, because of the immense amount of new construction inventory, the high LTVs that come with the VA loan and mean that homeowners don't have equity, and a buyer friendly market that means most of the transaction costs fall on the seller.

It's a pretty solid rental market, though, and finding properties to wholesale to buy-and-hold type investors is probably a route you could explore.