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Updated over 10 years ago on . Most recent reply

User Stats

43
Posts
7
Votes
Iris Burrows
  • Investor
  • Atlanta, GA
7
Votes |
43
Posts

wholesaling to a wholesaler

Iris Burrows
  • Investor
  • Atlanta, GA
Posted

I'm a novice investor, haven't even had my first deal yet. Focusing on my marketing campaign, trying different strategies: bandit signs, post cards and yellow letters. It's all still very fresh, so I'm being patient. But the only actual lead I've gotten is from another wholesaler. I guess he saw my "we buy houses" signs as I actually have the money to buy these houses! Well, I really don't, lol. 

But I've been told this err is actually quite common, so I've decided to do my best to take advantage of the peculiar opportunity. I've contacted other investors I know to see if they are interested in the deal, which could benefit me, almost like bird digging I suppose. 

A couple things are happening here: 1) I'm jealous that the wholesaler is finding these deals! I want one. And 2) the homes he has under contract are so varying, that I think my buyers list is too short, the latest one, a turnkey property in my area.

So my question: is there an investors in my southwest Atlanta are or Atlanta at large, interested in turnkey properties? I hope this isn't considered solicitation.

Most Popular Reply

User Stats

49
Posts
27
Votes
Leon O.
  • Involved In Real Estate
  • Houston, TX
27
Votes |
49
Posts
Leon O.
  • Involved In Real Estate
  • Houston, TX
Replied

Hi Iris,

Selling a property to a bigger wholesaler is common practice.  If you do not have the buyer's yourself for a property that you have under contract, wouldn't you like to make some money on the deal instead of no money on your hard-worked/earned lead.  If you have something actually for sale, I have someone in Atlanta that I can refer to you that can make it happen and close cash.  Let me know if you are interested and I'll put their contact info on here for you.

I hope this helped.

Leon

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