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Updated almost 3 years ago on . Most recent reply
Wholesaling in Alberta
Hello all,
Plan- For my next investment my plan is to buy a property where I can try the brrr strategy.
Problem- The average house in my area is easily 300k so saving for a down payment could be a little slow.
Possible solution- Was considering looking into wholesaling, would help accelerate getting the 20% needed. It would also help find properties that would be great for the brrr strategy.
Looking to learn more about wholesaling in Alberta, laws, regulations, and anything that a guy should know before jumping in. Does this seem like a feasible solution?
Thanks bigger pockets network !!
Most Popular Reply
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hi Cody, I live in Calgary so I totally understand the challenge of finding properties that you can afford, and that will generate a reasonable return when rehabbing/renting. So, question: have you considered investing in other cities where the numbers work? My choice was to invest in the US. It is more complex when investing across the border. But doable. Something to consider.