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Updated almost 10 years ago on . Most recent reply

User Stats

11
Posts
1
Votes
Jawad Shakir
  • Real Estate Agent
  • Destin, FL
1
Votes |
11
Posts

Wholesale without any money????

Jawad Shakir
  • Real Estate Agent
  • Destin, FL
Posted

I'm a beginner wholesaler and I've heard that it costs little to no money to begin. Which I have mostly found out to be somewhat true. I have been looking up properties but what's been holding me back to actually getting them under contract is the fact that I don't have the funds to pay for an attorney to review the contact make sure that it's valid and contains all it clauses. My question is how do I get around this? Is there even a way? I need some help.

Most Popular Reply

User Stats

504
Posts
395
Votes
Joseph Ball
  • Residential Real Estate Agent
  • Groveland, FL
395
Votes |
504
Posts
Joseph Ball
  • Residential Real Estate Agent
  • Groveland, FL
Replied

Troy: I do little deals. Each requires good sourcing. You must understand I made my reputation "Buying Right". What is "Buying Right"? I buy low enough to SELL to my buyer for around 50% of retail. Little deals-under $50,000. 

Sometimes I buy for myself, rehab and sell. Sometimes, I buy for others.

Why don't I keep these deals for myself? Sometimes I do-after my buyers have declined. Buyers get first choice. They know it.  My reputation is everything. I do this full time.

I never solicit buyers. They come to me-word of mouth.

In a public forum, I would rather not furnish more details. If you have a way to reach me privately, I will send you more details.

I hope this may be helpful. 

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