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Updated over 8 years ago,
Too Many Deals. What to do?
I'm a buy and hold guy in SF, buying in NC. Lately I've been running across some really good cash flowing deals on the MLS that I'm not in a position to purchase. I don't want to just watch them go by after spending the time to find/analyze them though.
If I had some private lenders lined up, I could just buy them, but I'm not in that position yet either. Would it be difficult to wholesale from distance? Is there another angle I could take?
I also thought of partnering with my agent. He could forgo his fee to get it a little cheaper, in exchange for splitting the wholesale commission with me 50/50. I'd find the deal and the buyer and he could do the boots on the ground work and signing. Does that sound legitimate?
What would you do?