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Updated 10 months ago,

User Stats

13
Posts
9
Votes
Tori Trent
  • Investor
  • Salt Lake, UT
9
Votes |
13
Posts

What questions do I ask when purchasing from a wholesaler?

Tori Trent
  • Investor
  • Salt Lake, UT
Posted

I have a call with a potential wholesaler tomorrow and I want to know what questions I should ask to vet him and other wholesalers to make sure they are high-quality wholesalers. 

My husband and I are looking to buy our first house hack in Salt Lake to reduce our living expenses and get into the real estate game. This will be our second home purchase but we'd like to start getting more creative with our purchases because of the high prices in our area. 

We are looking into purchasing with a wholesaler to get a deal and an opportunity for forced appreciation through rehabbing a property. We rehabbed our first property and have connections so we aren't afraid of a fixer-upper.

We understand that buying through a wholesaler can be risky because there are no official requirements, regulations, or hand-holding. 

Please! Tell me what I should consider when taking this route. Thanks so much!

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