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Updated over 8 years ago on . Most recent reply
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Interested in Wholesaling in Maryland and/or PA
I'm fairly new to this site, and this is my first time posting in the forum. I have done some research here on the website and have decided that wholesaling may be the easiest way for me to get involved in the real estate game with no cash and no money down. I literally just purchased "The Book Investing In Real Estate with No and Low Money Down".
I reside in Maryland (DC area) and I'm also very familiar with Philadelphia. Would anyone happen to have any advice on how to start wholesaling in Maryland and/or Philadelphia? It seems like obtaining my license would be the safest way to do it or purchase a property and resell.
- Are there other ways of doing this? Especially in D.C., Maryland or Pennsylvania?
- What's the best way to identify properties for wholesaling?
- What's the best method for finding people who are willing to purchase? (Flippers, Developers, etc.)
Please forgive me if this has been asked before. I thought it would be a way for me to break the ice and become active here on the site. Thanks for your time.
Most Popular Reply
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Wholesaling is a sales and marketing business and whoever said you don't need money is straight up lying to you!! You need money for marketing otherwise how else are you going to get leads? Your not the first one to think wholesaling is the easiest way to start, but I always tell people if you don't have the skillset of sales/negotiating and most importantly the skill of how to market your business you could be wasting a lot of time and effort. Just my thoughts...... with that being said I would continue to research and learn, attend a few local REI groups and try to narrow down what your ultimate goal is and how you plan on getting there.