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Updated almost 6 years ago on . Most recent reply

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41
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Gibran Saliba
  • Murfreesboro, TN
14
Votes |
41
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I want to start wholesaling real estate with no money .

Gibran Saliba
  • Murfreesboro, TN
Posted

I would like to start wholesaling pre foreclosures with no money .

Does anyone have any experience with that? Thanks

Most Popular Reply

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Replied

Hey @Gibran Saliba I started wholesaling with $22.50. It can be done but it is quite hard. After your first deal, you will want to reinvest 90% of the money you made back into marketing to find more deals. I found buyers from networking on here as well as looking on Kijiji and Craigslist for people who buy homes as is. Finding sellers is just a matter of looking on similar sites for properties that fit your buyers' criteria and putting in an offer that works for you. Here are my favourite ways of finding houses for free

I bike around looking for houses because it is slower and closer I get a better look on houses that may not be abandoned but pretty run down

Outsource the driving for dollars for Uber drivers and offer them $500 for any addresses and pictures of properties they send you that goes through and make you money.

Approach property managers and ask if their clients want to sell any of their properties

Hope this helps! 

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