All Forum Posts by: Cathy Seraphin

Hey Cathy!

Brent Daniels is an amazing coach for wholesaling! He has a podcast and is also on YouTube. :)

Good Luck!

-Lexey 

@Cathy Seraphin

Wholesale real estate presents itself as an excellent opportunity for beginners to enter the real estate investing arena, as it can require little to no capital and is a great way to learn the ropes of the real estate industry. Some individuals like wholesaling so much that they make it their full-time careers. Either way, if you are driven, disciplined, and organized, there is no limit to how much money you can make in your wholesaling career.

Investors interested in learning how to wholesale real estate will be relieved to find that the process is not difficult. To begin wholesaling properties, follow these simple steps:

1. Do research on your local market
2. Create a buyer’s list for your desired neighborhood
3. Find a financing option that suits your needs
4. Begin looking for sellers and properties to wholesale
5. Decide between assignment of contract or double close

Read this article for more information https://www.fortunebuilders.co...

Good luck!

@Cathy Seraphin Hey Cathy, I'm a licensed GC, flipper, consultant and Realtor. If you want to wholesale, I'd be happy to connect. I'm looking for people who are willing to find me deals. Basically, you send me the deal, I let you know what I'd pay and you negotiate with the seller a lower number, keeping the difference. I'm also open to novation or assignment agreements. 

 Look up Teifke real estate, this is the brokerage i'm at and they give flexibility

Hi Cathy, 

Investment Real Estate is a great market to get into right now is you can find the right market.  As Katherine stated wholesaling in Raleigh is difficult at this time without a network.  Have you thought about starting off outside of the Triangle?  Maybe look at Fayetteville or the Burlington area.  I will message you.

@Cathy Seraphin
Are you going to be wholesaling locally or out of state? If in-state I highly recommend you attend local meetups or join a local REIA near you so you can meet in person with local investors and network with them and realtors. Definitely build good relationships with investor-friendly agents in the market you are working in so your deals can get in front of more people.

Drop the books, drop the podcast, get out in the field. Work for a company like net worth or new western and learn the ropes from wholesalers that are actually doing deals. 

Hi Cathy, I just messaged you. I am an investor in Raleigh with multiple units and i just started 2-3 years ago. Happy to connect and share what worked best for me. In my opinion, wholesaling in Raleigh is nearly impossible unless you have an expansive network and/or experience. The market is still very hot so you would have a very difficult time finding sellers who are willing to sell you units at below market value when they can still easily get top-dollar. Additionally, there are very, very few multifamily properties that are available in the Triangle as multifam construction (2-4 units) is not nearly as common as other cities. The multifamily units I have personally looked at have been in less desirable areas and are in very rough shape. You would likely be better off choosing a different market or sticking to single family units in the Triangle.