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Updated almost 11 years ago,
I just discovered wholesale concept! Please help!
So I've been doing research lately for different real estate concepts because I am looking to get my license soon and I stumbled a cross the idea of wholesale investing. I've found that you can find a deal and offer x amount then turn around and find a cash buyer at a higher amount making a profit. I would like any and all advice as to what steps need to be taken to get started on this. I'm a stay at home mother of 3 and my husband is working 2 jobs right now so I really need to make this work. I know it's not as easy as the "gurus" make it out to be and I'm ok with working at it I just need to know what to do. So my major questions are where do you find leads? I know you can talk to real estate agents but that can end up costing a finders fee and eventually I'll be my own agent, other than that what are some Internet tools to find them? Once I get started I will be able to afford to put more money into it but as of now any base work I can do from home to get me started will be my best avenue. How do you learn what are good offers to make so you don't get screwed, and how do you find the cash buyers? I watched a webinar by Cody sperber last night and he touched base on an M5 program and direct voicemail messaging? So if anyone has any info on these or anything else that would be beneficial I would appreciate it immensely! Thank you in advance!