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Updated over 11 years ago,
Need advice about picking up wholesale properties
I am looking at buying wholesale properties and at an recent REI meeting a wholesale asked me several questions like where would you like the property, how much profit to I need. So I am looking to purchase properties in two different geographical areas of the united states (mostly because I already have an infrastructure setup) and want to stay in these markets. What are standard questions that wholesales ask potential buyers and what are typical answers to profit. Please remember that I come from the retail side; and I don't want to pay any more than I have to; but also need to make my numbers work on the cash flow side because I am buy and hold buyer.
Thanks in advance for your help,