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Updated over 15 years ago on . Most recent reply

User Stats

2,498
Posts
281
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Bienes Raices
  • Orlando, FL
281
Votes |
2,498
Posts

Bad, or unethical Wholesalers?

Bienes Raices
  • Orlando, FL
Posted

I was considering buying from a wholesaler as one avenue in buying a property.

I've seen some posts on here to avoid the ones are that bad, that some "sell junk". My question is, how do they manage to do this in a relatively small local community of investors, since their bad reputation would get around? Don't they need a stable list of buyers for their deals? Or do they only sell to newbies?

Most Popular Reply

User Stats

190
Posts
91
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Stephani Davis
  • Real Estate Investor
  • St. Petersburg, FL
91
Votes |
190
Posts
Stephani Davis
  • Real Estate Investor
  • St. Petersburg, FL
Replied

If the numbers work it shouldn't matter if the deal is coming from a wholesaler or not. Even if they are selling crap deals, it's up to you to do your homework and if it's a garbage deal...don't buy it.

If you can find a wholesaler who knows what a good deal is, I would definitely go that route and let them do the leg work for you.

Good luck,
Steph

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