Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

14
Posts
4
Votes
Christopher Gil
  • Windermere, FL
4
Votes |
14
Posts

New to Wholesale in Orlando, Fl

Christopher Gil
  • Windermere, FL
Posted
So after reading and learning a TON of generic info. I decided with my credit being in low 600s and cash being non existent wholesaling is the route for me. I am trying to figure out how to Find sellers without spending money on marketing? I JUST DONT HAVE IT!! Find buyers In central FL How to properly complete both contracts, the purchase from seller and assignment to buyer. Any advice or local meetups would be amazing. My family is counting on me and I am tired of the rat race and have researched REI for 2 years now its time to get in before i never do. Thanks in advance!!

Most Popular Reply

User Stats

560
Posts
218
Votes
Laura Alamery
  • Investor and RE Mentor
  • Miami, FL
218
Votes |
560
Posts
Laura Alamery
  • Investor and RE Mentor
  • Miami, FL
Replied

@Christopher Gil If you are new to wholesaling, which seems you are :), wholesaling is definitely the best and safest way to go. You learn a lot, while making money. It's a win-win situation.

There are several resources to find sellers without spending money. Public databases and legal records are some of them: pre-foreclosures, tax delinquent properties, probate, etc.

Buyers? Check recent cash sales in your area and if you see a trend (several purchases in the last 12 months or an entity, not individual, purchasing,) contact them and ask them if they are interested in buying more properties.

As far as contracts, keep them simple. I use a 2 page contract, but what is more important is the right disclosures and stipulations to protect you and the other parties.

I do have meetups in Orlando. One coming up on August 19th. If you would like to attend, let me know. The next Meetup we will discuss how to find and fund deals here locally. 

Loading replies...