The 3%-6% wholesale deal.

[Justin Morgan]

Two Observations:

1. Many BP members ask about getting a RE license...

2. Many want to start out wholesaling properties.

You might find it helpful to think of a real estate license as a wholesale deal (3-6%).

I'm an investor first and a real estate agent second... when I have a property I can't pay the sellers desired price, I list it and sell it. When I have an approved short sale I can't pay the banks approved price, I sell it (often times getting BOTH sides (6%)), when I have a wholesale deal, I wholesale it. There are not many deals I miss, not many leads I can't convert (to something) when you have "the 3% wholesale deal" as a backup.

This will allow you to only buy when the deal is really sweet... otherwise 3% is alway a nice backup.

Hope that helps!.... what are your thoughts?