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Updated over 3 years ago,
Driving for Dollars Wholesaling Question
Hello investors I’m a young guy who’s interested in getting into wholesaling. I have the “unfair advantage” of having a job where I drive for 4 to some times even 12 hours a work day taking photos of houses for banks and mortgage companies. Most drive by inspections are usually for houses in preforclosure and interior inspections are houses that are already foreclosed. However there are other reasons for the drive bys too that I’m not aware of- just the other day a guy had told me it was for mortgage “forbearance” which was a new term I learned.
I work in a large local area and even do work in other states. When I go to work I have a long list of properties. I’m given addresses, client codes for the mortgage companies or banks, home owner names, and order types. Not much else but I’m sure I can find out more information.
2 months ago I started saving these lists in excel and was wondering if I could use this list as a potential list of off market leads?
If so what information would I need before skip tracing and calling the homeowners.
I am gonna be doing more research on the topic but I figured I might as well put something on the forums and see if this is an explored way of finding deals or if it’s not even legal! It could even be a very saturated list in which case I will start focusing on finding distressed properties and creating a list that way. I’m very new but my goal is to raise capital so in my future I can become financially free from real estate.
All help is appreciated !!