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Updated over 5 years ago on . Most recent reply

User Stats

10
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1
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Isiah Williams
  • Rental Property Investor
  • Tacoma, WA
1
Votes |
10
Posts

Wholesaling in Washington State

Isiah Williams
  • Rental Property Investor
  • Tacoma, WA
Posted

Hello, 

I am new to BP as well as just getting started in real estate. Has anyone located in WA State had any success in wholesaling? I've seen a lot of mixed reviews saying its doable, as well as stay away from it in this state. 

Thank you 

Most Popular Reply

User Stats

244
Posts
140
Votes
Justin Frank
  • Rental Property Investor
  • Tacoma, WA
140
Votes |
244
Posts
Justin Frank
  • Rental Property Investor
  • Tacoma, WA
Replied

@Isiah Williams

Personally I feel that buy and hold is the best way to go. As long as the "buy" cash flows you will be producing income for as long as you own it. On the other side of the wholesaling is a great way to produce capital to purchase you buy and holds. Unless you have a high paying job or a large amount of capital saved up you will run out of money really quick with buy and hold properties in Washington (unless you BRRRR). I have debated wholesaling just to build capital so I can purchase more buy and hold properties. I currently have properties in Thurston, Pierce, and Lewis County.

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