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Updated over 7 years ago on . Most recent reply

User Stats

18
Posts
2
Votes
Bryan Barry
  • Virginia Beach, VA
2
Votes |
18
Posts

Do I need credit to wholesale?

Bryan Barry
  • Virginia Beach, VA
Posted

Just a simple question, do I need credit (good, bad, or at all) to wholesale houses? None of my family members and/or peers seem to believe that you don't need it.

Most Popular Reply

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3,926
Posts
4,385
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Jason D.
  • Rental Property Investor
  • St. Petersburg, Fl
4,385
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3,926
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Jason D.
  • Rental Property Investor
  • St. Petersburg, Fl
Replied
If you're just re-assigning a sales contract, you don't need a loan, so you don't need credit. If you can't find a buyer, and you have to purchase the property yourself, you will need credit.

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