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Updated about 6 years ago on . Most recent reply

User Stats

13
Posts
1
Votes
Courtney Warner
  • Rental Property Investor
  • Grand Rapids, MI
1
Votes |
13
Posts

Wholesaling Example: From Initial contact to close of sale

Courtney Warner
  • Rental Property Investor
  • Grand Rapids, MI
Posted

Good Morning Bigger Pockets!

I am still trying to get a grasp on the logistic aspect of wholesaling from the time that you receive a phone call from a potential seller  to the close of the deal. I'm having a hard time getting a clear understanding of the conversation that takes place and the steps that are used in this process. My purpose of this post is to ask if anyone with a lot of experience would agree to a 15-30 minute phone conversation to just verbally walk me through these steps. I feel it would be extremely beneficial for my education. If any one is willing you help you can send me a private message. 

Thanks Bigger Pockets!

-Courtney Warner 

Most Popular Reply

User Stats

1,025
Posts
610
Votes
Charles Kao
  • Specialist
  • Grand Rapids, MI
610
Votes |
1,025
Posts
Charles Kao
  • Specialist
  • Grand Rapids, MI
Replied

@Courtney Warner

Alot of factors go into wholesaling but 30 minutes is not enough to explain the process. Try Tom Krol's wholesaling podcast and search biggerpockets. Everything you need to know has been asked but you aren't going to learn everything overnight. We personally stay away from wholesaling because of many of the bad stigmas and I don't want that associated with our brand. We rather just ask the buyer to give us a sign and show agreement so we can bring investors through and take 3 percent. Everybody knows whats going on and nobody gets mad at closing.

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