Any professional wholesaler could adise me on what to do

[Account Closed]

So I found a house that was boarded up today and I wanted to know when I get in touch with the person what should I do first. I can not buy the house by the way I want to use contract assignment and assign the house to someone else because I don't have hardly any money to buy a house. So what I want to know is what should I do negoiatie and when we reach a agreement should I have someone expect the house for damages. Can someone who is a pro wholesaler advise me on what to do  and how to find buyers in a small city I live in Selma alabam

[Darwin Crawford]

Ok.  So I'm on a BP streak this week, and stumbled on this.  

@Account Closed has to say on this, he's got more deals under his belt than most on here.  

To answer your question, its going to go like this: 

1) Address of house/houses you want to buy

2) Find the owners, usually via a skip trace website or something similar, or asking around.  Property radar dot com can help too if you are on a budget. 

3) Call the owners up, see if they want to sell.  If they do, negotiate a price. It must be low enough that another investor would want to buy it.  If its too high, you're dead in the water.  

4) Place a contract on the property, open escrow (although AL might be a lawyer state, I haven't done a deal there in a few years), and then start contacting flippers.  

5) Understand that wholesaling any home in an area with low demand (rural/small towns with slow economies) is going to be tough.  We used to cover the whole state of Alabama at the office and only sold deals in Birmingham and Huntsville.   In slower economies, we literally paid $10 for houses sometimes.  Not a typo.  

6) Invest in some training.  If you truly want to do this, it will pay back multiples of whatever it costs.