just starting out

[Joseph Marzullo]

Good afternoon,

I'm looking to quickly get into REI as a wholesaler. I want to actively find and enter into binding contracts with sellers.

Should I give every seller $10 deposit in exchange for the real estate sales contract? I read about that.

I live in northern NJ. Anyone from here? I'd like to attend meetings and things of that nature. I'm looking forward to diving in this business. There's not much investment, if any, required to start as a wholesaler, so why not? My main concern is getting ripped off by rehabbers. I'm sure there are some shady guys out there, how can I prevent a rehabber from cutting me out of a commission fee? And what do you think the fee should be?

Thank you!

I'm looking for:

contacts

books

meetings

articles

I want to garble up as much info as possible because, although I'm very poor, I want to desperately make the right choices and be successful. I need to jump in here before the government decides it wants to regulate it! :wink:

I will appreciate your replies 110%.