Finding a buyer first?

[Karl Washington]

Hello,

I'm new to wholesaling. Just learning at this point. Is it okay to find a buyer first? What happens if you get a property under contract but aren't able to find a buyer?

Thanks for your help

[Jim Pellerin]

Quote from @Karl Washington:

Hello,

I'm new to wholesaling. Just learning at this point. Is it okay to find a buyer first? What happens if you get a property under contract but aren't able to find a buyer?

Thanks for your help

 @Karl Washington a lot of wholesalers say "if you find a good deal, it's easy to find a buyer". I prefer to find buyers first, for 2 reasons.

1. You are looking for properties that you know your buyers will want 

2. It's less stressful knowing you have buyers waiting for the deals you are looking for.

If you happen to find a deal that none of your buyers want then you could always joint ventuire with another wholesaler

so your first 2 activities should be 

1. build a list of buyers

2, build a list of disposition wholesalers