Wholesaling
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Updated about 17 years ago, 12/21/2007
Wholesaling out of town
I read a few posts from experienced REI's who indicate that it is possible to wholesale properties that are located in other cities, without actually having seen them in the flesh. This was directed to wholesalers who live in small towns and cannot seem to find any wholesale buyers. How is out of town wholesaling possible, unless you have buyers who know that area? And even then, how could you be sure you were not buying in a bad neighborhood or a piece of c___ house? Your rep would quickly go away if you sold a bad wholesale deal to a buyer. I guess you have to have some kind of reliable remote comparables source?