WHAT QUESTIONS TO ASK THE SELLERs

[Chad Johnson]

Hey guys,

I'm new to wholesaling, tomorrow I'm placing my "we buy houses" signs out and getting the ball rolling. I want to make sure I don't miss anything when the calls start rolling in, so my question for you, is what questions do I need to ask the sellers that call?

I'm not too familiar with how to factor in equity, debt owed, leins, etc.

I understand how to find out comps and general rehab costs, but can someone give me a run down of how a typical conversation would go? And perhaps (greatly appreciated) a list of the need to know questions I must ask in order to be able to make offers?

I would prefer not to hear "if you don't know what to ask, then you're not ready". I am just getting my ducks in a row here and would like a last minute review/ tips before I dive in and do this. I would hate to be on the phone and miss something.

Your help is greatly appreciated!