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Updated 7 months ago on . Most recent reply

User Stats

114
Posts
29
Votes
Sasha Josephs
  • San Francisco, CA
29
Votes |
114
Posts

Wholesaling. To find sellers or buyers first?!

Sasha Josephs
  • San Francisco, CA
Posted

I'm starting out in wholesaling and I'm finding myself in this pickle of.... do I go and find a seller first or build my buyer's list first? Or do both at the same time?! Any advice? Thank you for reading. 

Also, don't know if this changes anything, but I'm in the SF Bay Area. 

Most Popular Reply

User Stats

81
Posts
35
Votes
David Walls
  • Investor
  • Chicago, IL
35
Votes |
81
Posts
David Walls
  • Investor
  • Chicago, IL
Replied

@Sasha Josephs that's a question I had when I first started as well. Getting your buyers lined up is a good idea. But also if you come across a deal don't shy away or run from it because you don't have an extensive Buyers list. If it's really a deal, get it under contract for a longer period 30-45 day and market your contract like crazy. You'll have Craigslist, Biggerpockets, referrals, you can call title companies, and even other wholesalers if you have no luck finding a buyer. 50% of a deal by co-wholesaling or joint venturing is better than 0% of no deal. Making a post here to connect with local people in your market is a great way to start! Feel free to reach out if you have any more questions. Best of luck to you! 

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