new to wholesale

[David Santos]

hello, I'm currently trying to learn as much as I can about investing and see wholesale as good place to learn all part of the business.

I know most of the business is about reputation. So if you possible I would like to know what most cash buyers would want from there wholesale people to do to make process easier so I could build a better reputation. Thank you for all the tips in advance.

[Dan Oliver]

I find that the more information you can provide to your potential buyer, the better their reaponse.  Do your homework on any property before you acquire it.  Study the area and the market.  Figure out a rehab cost estimate for the buyer and what specifically will need to be rehabbed and include that in your write up.  Know the closing cost.  Will it be a double closing to the buyer or have you established an assignment contract? Also, if the goal of the property is to flip, you should show the cost to the buyer to resell, market, commission fees and another set of closing cost.  Take all these factors into consideration before acquiring the property.  If you can show a good net equity for your potential buyer after all these expenses, then you have found a good property and shouldn't have any problems.  Just remember, be true with the numbers, ecspecially the rehab numbers.  There is no faster way to lose future deals with an investor or lose an initial deal, than with inaccurate rehab cost.  Best of luck!