Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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 almost 7 years ago,

User Stats

193
Posts
51
Votes
John Britt
Pro Member
  • Property Manager
  • Chattanoooga, TN
51
Votes |
193
Posts

Commercial wholesale deal, what to do?

John Britt
Pro Member
  • Property Manager
  • Chattanoooga, TN
Posted

I received a call from a person today that I have worked with before wholesaling residential real estate, about a commercial building that they have under contract for right at the county assessed value.  That is problem number one, (if it was my lead I would have worked hard to get it under the assess value, since I have never done a commercial deal).  So they have no idea of where to start to find a buyer for it.  I told them before I put any time into this they got to have the paperwork in place, but I knew of an investor that I was planning on showing a place next week that my former broker is trying to wholesale which is a 4 level commercial building which he mention he felt was bigger than what he needs.  So, my first question is how do I find out if they have a deal at all since they have the contract at the assess value, second if my only potential buyer is not interested in it, how do I go about finding a developer or another investor that would be interested in the property? 

  • John Britt
  • Loading replies...