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Updated almost 5 years ago on . Most recent reply

User Stats

62
Posts
12
Votes
India Brown
  • Detroit
12
Votes |
62
Posts

Can you wholesale properties that barely need work

India Brown
  • Detroit
Posted

Can you wholesale homes that only need updates and no major work? Anyone did this before?

Most Popular Reply

User Stats

74
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58
Votes
Rickey Miller Jr
  • Rental Property Investor
  • Killeen, TX
58
Votes |
74
Posts
Rickey Miller Jr
  • Rental Property Investor
  • Killeen, TX
Replied

Absolutely, you can practically wholesale anything in Real Estate. It could need minor work, a full gut job, it could be all original and just needs updates. Remember with Wholesaling your finding a motivated seller. Then discussing information about them and later discuss price on the property and your wanting the price to be under contract well below what an investor pays. So that the moment you get the property under contract you sell the rights to the contract to an end buyer and you collect your assignment fee. Hopefully that helps! 

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