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Updated over 4 years ago,

User Stats

217
Posts
88
Votes
Brandon Ribeiro
Lender
Agent
Pro Member
  • Real Estate Broker
  • Philadelphia, Pa
88
Votes |
217
Posts

Got my first Wholesale deal!

Brandon Ribeiro
Lender
Agent
Pro Member
  • Real Estate Broker
  • Philadelphia, Pa
Posted
I got my first wholesale deal...well almost. I was reached out to by the property owner of a commercial building- used to be a tattoo shop downstairs and a 3 br 1 ba upstairs. It is currently on the market for 310k and said he would entertain a cash offer of 250k but seems to be willing to work on that cash number. I should also add that he is willing to terminate his contract with his agent ASAP (he does not like him at all). I have been working the past 3 weeks to put together a buyers list and have a few already.

does anyone have any tips/advice on how i should go about this deal? should i try partnering with an experience wholesaler or go off on my own? does anyone have any wholesale contracts i could use?

I am very new to this and ambitious which is what drove me to simply find a deal, then ask for help. This same property owner also has a second property (SFR) that he would be willing to entertain a cash offer on and even said hed do a 5% discount if I got both.


  • Brandon Ribeiro
  • Podcast Guest on Show #2
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