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All Forum Posts by: Dan Wittenkeller

Dan Wittenkeller has started 2 posts and replied 6 times.

Originally posted by @James Green:

@Dan Wittenkeller what was your post exactly. What emails were you getting from them? Your question is still kind of fuzzy. Are you just remarketing someone else's deals or do you have your own under contract and looking for buyers? If these "deal brokers" are tacking on $5K, then they've probably killed the deal. That's $5K out of the end buyers pocket/profit.

I made a post saying I had investors looking for Off market deals. 

I received so many that not all my cash buyers can take them on. Therefore, the deal broker was the option. 

They inventory wholesale deals and sell them off as a package

I put a post out on a facebook group and I started receiving emails. 

I was wondering if sending the deals to a deal broker to find the cash buyers was a good option. 

The broker said they would take the deal and tack on their fee of 5,000 to pay themselves in order to sell the contract.

I was just curious on the pros and cons of that and if there's anything I need to watch out for  

I’m a new wholesaler. I was going to focus mostly on single family, but I’ve received over 40 proposed off market deals for commercial real estate , apartment complexs / multi families, and hotels. 

I was thinking about brokering the deals so they can find the cash buyers / investors. Anyone have experience working with them? What’s the pros and cons? 

Thank you for the reply! 

So I’m new to real estate. My main focus is on single family homes. As I was making connections and focusing on my investors list I spoke to a commercial broker who does rehabs and flips in California, I’m in Vegas. He said he has buyers interested in land to build a 200-300 unit apartment complex if I can source it. Can I wholesale the land if I can get a deal for it? Is it worth my time?