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Updated over 4 years ago,
Brandon RibeiroPoster
Lender
Agent
Pro Member
- Real Estate Broker
- Philadelphia, Pa
- 88
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- 217
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Got my first Wholesale deal!
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.
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.