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Updated almost 12 years ago on . Most recent reply
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Wholesaling Help
I may be asking for to much but,I need someone who can and will help me to learn how to do HUD deals.
A bit about me. I am a 70 year old widow living on SS. I do not have good credit and I do not have any money. I desperately need to make extra money. I do have experience in buying and selling mobile homes and parks. I learn quickly. I do have a bad back so can't do to much walking (ie,inspecting properties) So,if theres anyone that would like to help me just give me a shout. It would be best if I could do most everything from my computer and phone. Thank you ahead of time. Doni
Most Popular Reply
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Originally posted by Doni Healy:
And how come I keep hearing you can buy hud homes,commercial properties and any kind of homes with NO money and NO credit? I don't get it.
Doni, you keep hearing about it because there are a ton of people out there selling courses on how to get rich quick. Some things never change. But they are selling a pipe dream, separating people from their cash. If it were easy, don't you think everyone would be doing it? But the easier they make it sound, the more courses they sell.
Wholesaling is hard....really really hard. People who are successful at it make it look easy, because when everything goes right, from the time the call comes in to the day of closing I might put about 2 or 3 hours into making my 5k check. But it took years to get my systems set up and thousands of dollars to build my marketing machine. And I have to put money into that machine every single month or it stops working.
No one on here is trying to discourage you, but what you get from this thread is a good cross sampling of reality.
Sam Parkins,....good stuff man. Keep it coming!