Wholesale or Wholetail for a beginner!

[Parker Collins]

Just in the beginning stages of REI, wondering which route is the better way to go wholesaling or wholetailing. Looking to begin in the Augusta, Georgia area if anyone would want to connect!

[Barry Pekin]

@Parker Collins,

No one can answer that question for you.  You have to decide what works best for you.  Compare and Contrast.  Look at the pros and cons.  Look at the nuances about how you can structure the deals.  Do you have funds to purchase the property, or do you have access to private or hard money lenders?

Now people can post what they think they would do.  Wholesaling is more hands-off with respect to the property.  You're negotiating between the buyer and seller and generally not touching the property.  Wholetailing has you generally taking ownership of the property, fixing it up just a bit, and then selling it.  This is way more involved, and potentially more profitable.  Not to mention, no one would accuse you of brokering without a license.

Good luck!