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Updated over 6 years ago on . Most recent reply

User Stats

20
Posts
1
Votes
Nathaniel M Cooper
  • Chicago, IL
1
Votes |
20
Posts

What kind of property is this?

Nathaniel M Cooper
  • Chicago, IL
Posted

Newbie wholesaler in Chicago taking action here and so far hitting my stride. So as I search for distressed properties to wholesale, I keep running into these properties that are 2 unit, 2 Story, Georgian style homes that look like Condos. The thing is these don't have HOA's and each unit has an owner and its own parcel number. I'm not sure how to approach these as a wholesaler. If I were to acquire a contract from the owner, how would I market it? What would be my ideal end buyer, and what would I comp it against? Any one with experience in South Side Chicago wholesaling would be helpful.

For information sake these properties/units are vacant and extremely distressed. 

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