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Wholesaling
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Updated almost 3 years ago on . Most recent reply

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Andrea Bonds
  • Real Estate Agent
  • Michigan
15
Votes |
4
Posts

Wholesaling a wholesale deal to a wholesaler? Help!

Andrea Bonds
  • Real Estate Agent
  • Michigan
Posted

Hey BP community!

I'm new to investing, but I have been in the real estate industry for a year. I always keep an eye out for deals, so on top of driving for dollars, I am subscribed to a wholesaler's email list in my area. The email list sends deals regularly, and they are often good deals (yes, I run the numbers). However, I recently found these programs such as Easy Knock and Offerpad who buy homes for cash. I was thinking about going under contract with one of the wholesale deals and then wholesaling that to one of those companies. Has anyone ever tried to get a home under contract and sell to an ibuyer? 

(For legality of wholesaling this would be taking place in Michigan)

 Thanks for any and all advice :)

Most Popular Reply

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253
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Duane Alexander
  • Investor
  • Atlanta, GA
238
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253
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Duane Alexander
  • Investor
  • Atlanta, GA
Replied

iBuyers won't buy from wholesalers. You have to take these deals down and hold them for a couple of months I believe.

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