Question on WholeSaling and Vacant houses

[Tina Ricard]

Hello everyone! Newbie here. ;) I have been cruising and learning and love this group. Tons of good info! I have a few questions. well one at a time. 

Why are vacant houses good prospects for WholeSaling, when they are not even for sale? And why are there so many vacant houses?

[Sean Walton]

You should check out BP podcasts 77 and 81 and @Michael Quarles podcast on itunes. The idea instead of doing all the work finding the deal and then selling it at a discount to another investor sell it at full as is value on the MLS.

Eventually I would like to get into development but wholetailing is my way to build up cash to start development deals. Rezoning usually takes a good amount of time and capital for holding costs but sometimes you can get sellers to let you get the property under contract and then transact once it is rezoned or entitled for the project you want to do