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Updated about 13 years ago on . Most recent reply
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Need Help getting started in wholesaling
My name is kevin and I recently attended a seminar put on by the guys from A&E's "Flip This House". It was great and got me really excited and motivated but I could not afford there boot camp fee so I was left with researching on my own on how to get started wholesaling and finding deals and buyers and starting my own business. Although I have done lots of research myself and am starting to understand the process alittle bit I am still alilconfused too. My questions are these..
1. What do you think my very first step would be to getting started in wholesaling?
2.How do I locate cash buyers and getting my buyers list?
3. And my biggest question is How in the world do assign a contract or even obtain one from a seller? I have read many things on "once" i get the contract and where to go from therebut I have yet to find anything on how I go about getting a contract and then what I do from there with it to the seller and buyer.
Please your help would be more than appreciated. Thank you.
kevin
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Kevin, all those questions have been answered on this forum numerous times.
To be successful at wholesaling you need to find a niche and way to consistently buy deals under market value. Some people mail free and clear landlords, some people mail out of state owners, some people have relationship with banks/RE Agents. That is what I would study and experiment with.
After you find great deals, finding buyers and getting the contract right is the easy part.