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Updated almost 8 years ago on . Most recent reply

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8
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Zachary Helfer
  • Canton, OH
0
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8
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Wholesaling Craigslist Properties

Zachary Helfer
  • Canton, OH
Posted

I have used Craigslist for many many things, and I quickly realized Craigslist is full of fixer-uppers and people seeking cash buyers for their real estate. But it almost seems like the fruit hangs TOO low. Why don't I hear about people wholesaling these properties? I know investors can see these just as easily, so shouldn't there be some sort of first-to-the-finish race to tie up these "easy" finds?

Most Popular Reply

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187
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86
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Duane Ortega
  • Transactional Funder
  • Neptune, NJ
86
Votes |
187
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Duane Ortega
  • Transactional Funder
  • Neptune, NJ
Replied

@Zachary Helfer

Mindy is correct that you can definitely double close - in this way you are actually buying the property that you have a contract on, or you can become a realtor.  The issue is the newbies are trying to wholesale properties vs. selling their contract on a property.  There is a discussion about this very topic in OH.  PM me if interested.

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