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Updated over 7 years ago on . Most recent reply

User Stats

18
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5
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Luis Lozada
  • Lansing, MI
5
Votes |
18
Posts

Wholesaling quit claim?

Luis Lozada
  • Lansing, MI
Posted
Hello all, A friend and I have purchased houses through tax auction (quit claim) before to buy and hold/ fix and flip, so we are familiar with the process somewhat. I was wondering if it makes any sense to acquire a property via quit claim and wholesale it. I plan to only sell to cash buyers and use a title co. To make sure there are no other liens. Would there be anything else to hold up a deal and and are buyers less likely to purchase a quit claim?

Most Popular Reply

User Stats

721
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343
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Roland Paicely
  • Raleigh, NC
343
Votes |
721
Posts
Roland Paicely
  • Raleigh, NC
Replied

@Donovon Rogers I was following your abbreviations until you used 'sk'.  I couldn't figure out that one.   I'm a bit older than you and it makes it a little harder to follow with the abbreviations.  Man I wish I were a teenager, ha ha

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