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Updated over 6 years ago on . Most recent reply
Wholesaling a cash flowing property?
I have a potentional lead on a multi house package deal that cash flows well. It consists of 2 - two story homes, and 2 mobile homes, all on adjacent to one another, and 1 vacant lot.
I understand wholesalers try to market deals to fix and flippers/rehabbers, but what about a deal that doesn’t need any work, and cash flows well, and the cap rate is approximately a 10.
I think the deal has been on the market too long, due to being FSBO, and lack of marketing.
My question is, is it difficult to wholesale a cash flowing property? Would I just need to be more selective on my buyers list?
Thanks for any feedback.