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Wholesaling
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Updated over 11 years ago on . Most recent reply

User Stats

98
Posts
6
Votes
Mubasher Riaz
  • Real Estate Investor
  • Ypsilanti, MI
6
Votes |
98
Posts

Wholesale turn buy and hold property?

Mubasher Riaz
  • Real Estate Investor
  • Ypsilanti, MI
Posted

Any wholesalers out there end up finding a property but decided to use it as a rental property for themselves?

Most Popular Reply

User Stats

16,433
Posts
12,718
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Ned Carey
  • Investor
  • Baltimore, MD
12,718
Votes |
16,433
Posts
Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

I started building my rental portfolio with just such a deal. My partner and I could have wholesaled it and make $15K or so but we felt it was too good a deal to give away.

We wanted to hold rentals but needed the money also. We decided we wouldn't get another chance to add a rental this good anytime soon so we decided to keep it. That was a great decision.

  • Ned Carey
  • Loading replies...