Wholesaling from the MLS?

[Mike Bargetto]

Hi BP, has anybody ever wholesaled a property they found from the MLS? It seems counterintuitive as most deals aren't on the MLS to begin with but I have found a potential home run in Charleston, South Carolina in the West Ashley part of town. Any pointers would be much appreciated. Mike

[Tina Ferrier]

hey, I'm in West Ashley, Charleston SC. Congrats on finding a home out here. if its in the MLS then most likely they are with a realtor.. if that's the case then.. have you ever thought about subject to.. rent to own or seller financing.

That way you are getting the home owner to take it off the MLS or you are completing his deal with the realtor with the use of terms.. then turn around a wholesale the terms to another investor who is familiar with and knows how to profit from these types of deals.

But if its a FSBO well.. call them and work your magic.

I hope this helps in some way

either way, please let me know how it goes, what solution you come up with and your progress.

Again congrats on your potential home run and, as always, we are not in competition with one another but in collaboration with one another. as a team we accomplish more

Cheers