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Updated about 7 years ago, 11/13/2017

User Stats

45
Posts
11
Votes
Jocelyn Borg
  • Smithsburg, MD
11
Votes |
45
Posts

Wholesaling for deal flow

Jocelyn Borg
  • Smithsburg, MD
Posted

Hello, BP collective!

I'd love to hear your thoughts on my moral quandary here:

After researching quite a bit on wholesaling, I am really on the fence about going forward with it. It is fraught with ethical grey areas and something about it doesn't jive with my moral code. However, I would love to set up a system for finding off market deals which my husband and I could purchase for investments. Some of the deals that arise will work for us, many will not. What do I do with those other deals? I am not really interested in becoming a "wholesaler" per se, I simply want to find off market deals for personal investment. I feel however that if an individual reaches out to me with a property they need to sell quickly that I am obligated to help in some way. Could I simply refer them to other wholesalers in the area whom I know are more interested in the game than I? Has anybody else in a similar situation found a win-win solution?

Thanks in advance for your thoughts; any and all advice is always very appreciated!

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