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Updated over 5 years ago,

User Stats

32
Posts
6
Votes
Nigel Witherspoon
  • Columbia, SC
6
Votes |
32
Posts

Wholesaling As The Strategy, Investing at a Long-Term

Nigel Witherspoon
  • Columbia, SC
Posted

I've been reading the forums, listening to the podcasts, watching the YouTube videos, reading the books, talking with MANY investors, etc. about wholesaling. I am currently under contract for my first wholesale deal (YAY!).

However, I keep reading how people are not being transparent with the seller and the buyer about the process they're doing. For me, personally, this bother's me because building a business on non-transparent procedures (not telling the buyer your fee until closing, not telling the seller your process, knowingly lying about what you'll do with the property, etc) doesn't seem like it always works out for anyone. I am about transparency because in this day and age, you can find out about anything online.

The one thing I do want to touch on is about is using wholesaling to replace current income and using the funds to invest in long-term strategies (buy & hold, fix n flip, etc). Have any of you went wholesaling full-time and then used the money to invest in LTS? And how long did it take you before going into wholesaling full-time?