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Updated over 6 years ago,
SOS! My first wholesaling deal... maybe???
I’ve been looking into investing in real estate for over a year now but have never had the resources to generate money to fund it. Typically, I know wholesaling can be a good way to start with no money and no credit. After watching yet another webinar, I went on Craigslist just out of curiosity. I found a cute 2 bed 1 bath rambler for $92k and I’m the same area I found a company that specializes in real estate investing using all of the important keywords to make sure their ad appears. Diff I just find a potential deal?! And if so I know that I would most likely have to reach out to the seller put the home under contract for the $92k and then reach out to the company and try to get them to purchase it for potentially $100k and then make the $8k off of the difference. Or something similar to that. I’m nervous and confused but I know that if I never go for it I can’t expect to change my life forever.