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Updated over 1 year ago on . Most recent reply
Pre-foreclosure Wholesale experinces?
Hello! I am very interested in pre-foreclosure or foreclosure properties! I would like to start by wholesaling a pre-foreclosure property! Any experiences or advice? Thank you!!!
Most Popular Reply
Stephen Keighery
Wholesalers
Pro Member
- Rental Property Investor
- New Orleans, LA
- 461
- Votes |
- 628
- Posts
I agree with Wayne that if you are new you should stay away from foreclosures. There is to much at stake for the sellers so if you don't have the ability to close the house yourself or have reliable partners lined up then ethically you should get the house under contract. Start with driving for dollars, code violations, out of state owners etc and get some experience. Once you have experience and have reliable buyers (or cash) then circle back to foreclosures.
- Stephen Keighery
Home Buyer Louisiana
16 Reviews
5.0 stars