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Updated 10 months ago on . Most recent reply

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Alex Ferranti
4
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3
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new wholesaler looking for help finding good deals and investors

Alex Ferranti
Posted

I'm starting out on my wholesale real estate endeavor as I'm already a licensed relator in RI and Mass. The good part is I have access to MLS the bad part is I'm struggling with finding houses below market value as prices in the area are already incredibly inflated. With this being the case what is the best way to find deals that are profitable for everyone involved. Also if there's any investors looking for new properties in the area please reach out as I would love to connect.

Most Popular Reply

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695
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John O'Leary
  • Lender
  • Winter Park, FL
387
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695
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John O'Leary
  • Lender
  • Winter Park, FL
Replied

I recommend focusing on targeted lists for lead generation and training some cold callers. Absentee owners are a great target, especially in the Northeast. Consider reaching out to 'reverse snowbirds' who may be looking to sell. I would also be well versed in creative financing options to maximize opportunities.For MLS listings, target homes that have been listed for 60-90 days. Look for potential seller financing or Sub2 opportunities among these properties. Like @David Ramirez said it takes time, and you can't be afraid to spend a little money.

  • John O'Leary
  • [email protected]
  • 800-663-4122
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