Can it really be this simple?

[Tiara Murray]

I am about to start my wholesaling journey. I've looked for hard money loans but so far do not really qualify yet. Then it hit me: what about transactional funds? I am aware of dozens of transactional lenders who don't require credit checks or personal documentation. All I have to have is an end buyer, which in this case would be another investor. Is it really as simple as A B C

A. Find the property
B. Make an Offer
1. Put house under contract
2. Find end buyer
C. Close

It just seems too good to be true. I mean here I am two full years into my independent real estate studies and transactional funding totally slipped my mind. Is this kind of funding a good idea for people who don't qualify for Hard Money?

Ciao

Tiara :mrgreen:

[Rich Weese]

Anyone that tells you it is easy, hasn't been completely truthful. It is easier to talk about it, write about it or think about it than to actually DO IT. I've met hundreds of so called "wholesalers". I can count on one hand the # that were successful over a period of time. Rich in France.