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All Forum Posts by: Lee Melvin

Lee Melvin has started 3 posts and replied 3 times.

Post: Wholesaling Questions

Lee MelvinPosted
  • Fayetteville, NC
  • Posts 3
  • Votes 0

So i have been reading this forum about wholesaling and there is some things that i feel dont come up or get answered.

So from reading on here it appears you must

1. build buyers list
2. find a deal
3. get under contract
4. find end buyer

I didnt come across a place to go and get good examples of contracts to use. Anyone know of a site or person that is willing to share their contracts that they use?

Differences between using FSBO deals and ones using an agent / bank. Pro's and con's.

What is the formula a wholesaler uses to quantify what is a "good deal"? Is it the same as an investor only difference is you are selling it for a little more?

Sorry for so many questions. It would help if there was a sticky on wholesaling that really broke everything down.

Any replies and advise is much appreciated. Thanks!

Post: Best ways to find cash buyers for wholesaling?

Lee MelvinPosted
  • Fayetteville, NC
  • Posts 3
  • Votes 0

Hey, im wondering what is the best way for me to go about developing a buyers list for wholesaling.

Thanks

Post: New investor from Fayetteville, NC

Lee MelvinPosted
  • Fayetteville, NC
  • Posts 3
  • Votes 0

Hey everyone, im a recent college graduate looking to get involved in real estate investment. Trying to research the in's and out's of REI right now soo in the near future ill be fully prepared for success.

Biggest concern now is finding out everything to know about financing and the different avenues to use. As a young college grad dont really have alot of money in the bank and credit history. So this seems like its gonna be my biggest hurdle to overcome.