Whole Seller’s you have to bring a good deal to add value.

[Joe S.]

To the most part for the last number of years I have sourced all my own deal flow. 2022 I bought four Properties from a Whole Seller and have the fifth under contract. I have sourced my other Deals this year.

Surprisingly I was able to buy some properties through a wholesaler that actually fit what I was looking for. The same Whole Seller also brings me a multitude of other properties that they are trying to sell above retail. I called their hand on it and they want to give me a 10 minute explanation why the property should be worth more. The challenge is none of my lenders are going to accept their 10 minute explanation.

I have other Whole Seller‘s that are calling me and trying to wholesale me a contract and I run quick numbers and they are asking for full retail. With the market dropping right now the folks that are trying to contract properties at full retail and then sell them to someone else is wasting their time, the sellers time, and the end buyers time.