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Updated over 13 years ago on . Most recent reply

User Stats

32
Posts
9
Votes
Mark Vieira
  • Petaluma, CA
9
Votes |
32
Posts

Newbie looking to buy wholesale properties, but have some questions.

Mark Vieira
  • Petaluma, CA
Posted

So I have purchased a few rental properties here in CA and they are cash flowing well which is great, but I would like to pay cash for properties and start flipping homes to help make more income to invest in rentals.

I went to a few auctions in my area and spoke with some of the regulars and I really don't think actually following what is coming to auction and going to the auctions is for me. I live in San Francisco and the closest auctions in my price range are roughly an hour away.

Given my situation, would it be best for me to buy from a wholesaler? If so, how would I go about finding a good one? What do they charge? If I buy from one, can we do the deal through a title company and have a title policy on the transaction?

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