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Updated almost 9 years ago on . Most recent reply

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Joshua M.
  • Residential Real Estate Broker
  • Santa Clara, CA
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Notes

Joshua M.
  • Residential Real Estate Broker
  • Santa Clara, CA
Posted
I am curious about how an investor can profit from finding notes available for sale and essentially wholesaling them. Anyone have experience with this kind of scenario?

Most Popular Reply

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Dion DePaoli
  • Real Estate Broker
  • Northwest Indiana, IN
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Dion DePaoli
  • Real Estate Broker
  • Northwest Indiana, IN
Replied

Let's create some important distinctions amongst words. Often times when the word "wholesale" is used in the BP world it refers to a party who does not plan to risk any capital and yet profit from an arbitrage on an asset. By definition, if you are not risking any capital, you are not "investing". 


So that we fully understanding what we are talking about, what do you envision here?

Also, Darren Eady, when someone posts in the forums they tend to want to have a public discussion with feedback from many members.  Under that idea, it seems counter-intuitive to take the conversation off line.  Suggesting such all makes it look like staging for a sales pitch by the one trying to go off line.  

The benefit of public discussion is the posts are subject to scrutiny by anyone who wishes to participate.   This creates better answers and helps the readers with better understanding.

  • Dion DePaoli
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