Help I’m New to Wholesaling

[Emma Bennett]

Hi all,

I am very new to Wholesling as well and am spending a fair amount on marketing. My big question is ..once I get a seller, what next? Do I get a contract with n assignment clause from an informed atty, do I figure out cost of rehab, do a title search or tank sweep for the potential buyer?? Please help, I have to admit I am overwhelmed by all of the moving parts, but I know I have the tenacity and follow through to make this happen.

TIA

Emma

Emma Bennett

[Doug Pretorius]

@Emma Bennett I have no idea what a tank sweep is. But everything else is fine. Doing a title search is a good idea to confirm that you actually have signatures from everyone you need. I would get an estimate from a couple of contractors too, that way you can give the investor an idea of what it will cost for a local available crew to do the work.