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Updated over 12 years ago on . Most recent reply

User Stats

14
Posts
7
Votes
Darrell Essex
  • Wholesaler
  • Chicago, IL
7
Votes |
14
Posts

Houses On The MLS

Darrell Essex
  • Wholesaler
  • Chicago, IL
Posted

Quick question, I was just browsing a real estate site just to see whats on there and I found a few houses for sale for around 20k that state not foreclosure not short sale. How would you go about wholesaling a deal like this without using my own cash or credit to be involved in the deal?

Obviously I can't do an assignment, should I get my friend who is a realtor involved? Should I go in like a cash buyer then try to market the crap out of it before I actually close or what? I ask because doing it the later way I would have to use my own money and also hold a risk of not be able to move it and being stuck with a property that I can't myself fix and repair to flip back in the retail market.

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