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Wholesaling
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Updated over 7 years ago on . Most recent reply

User Stats

3
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1
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Manny Torres
  • Real Estate Agent
  • Long Island, NY
1
Votes |
3
Posts

getting started with wholesaling foreclosures / pre-foreclosures

Manny Torres
  • Real Estate Agent
  • Long Island, NY
Posted

How's it going everyone, ( I originally posted this in the starting out section but decided to move it here ),

I have been apart of the community for some time now but I never took the jump into the wholesaling world, with so many videos and people trying to sell you things, I decided to just come back to bigger pockets and start asking questions to those who actually will answer back.

After some initial reading , to me it seems the toughest part is to find the investors once you have the deal. Fortunately for me I have been in the business for couple of years, (I am Realtor here in NY) and work with some solid & loyal investors.

I'm looking to shy away from the typical deal and flip, and would like to start wholesaling foreclosures and pre-foreclosures.

My question may come off silly but I am looking for a diagram or step list that shows what the typical wholesaling transaction looks like.

I know every situation is unique, but I would like to have a general idea.

With that being said I would appreciate it if anyone would be able to reply some good advice my way.

I know the work that comes with this and I am excited to get started, knocked down, and rise.

Thank you everyone in advance.

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