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Updated about 2 months ago on . Most recent reply

User Stats

30
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8
Votes
Destin E. Thomas
  • Investor
  • Los Angeles, CA
8
Votes |
30
Posts

Potential Wholesale Deal in Colorado Springs, Colorado!

Destin E. Thomas
  • Investor
  • Los Angeles, CA
Posted

Hi!

I have a potential wholesale deal out in Colorado Springs and it'll be my first one, so I'm looking to pick someone's brain who has done a wholesale deal in Colorado before, what title company you've used and trust, and any potential buyers! 

MLS has it as a single family residence, 3 bedroom, 1.5 baths (actually has 2.5 baths), approx 1500+ sqft, 9k+ lot size, 2 car garage, back yard.

Needs more cosmetic work than major rehab, and roof was recently replaced. Finished basement as well with additional room (and has the additional bathroom). Still gathering additional details, but looking to have it under contract within the month. Any guidance is greatly appreciated! 

  • Destin E. Thomas
  • Most Popular Reply

    User Stats

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    Jonathan Greene
    #5 Starting Out Contributor
    • Real Estate Consultant
    • Mendham, NJ
    7,583
    Votes |
    6,629
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    Jonathan Greene
    #5 Starting Out Contributor
    • Real Estate Consultant
    • Mendham, NJ
    Replied

    Why do you want to wholesale something that is on the MLS? It is now available to all end buyers on the MLS. All you are going to do is put a deposit on it, hold it, and then try to resell it into a much smaller network than it is on now.

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