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All Forum Posts by: Evan Lipsky

Evan Lipsky has started 1 posts and replied 2 times.

Hi, thanks for all the replies!

Its reassuring to hear theres not too much financial risk involved. It seems like the business model isn't really sustainable from what y'all are saying, but I'm gonna try it out anyways and see if I can get just one deal under my belt during the summer. A few thousand might not be much to you established investors but for me, that plus the valuable experience would be monumental for kicking off my real estate journey.

Hi, I'm a current student in college getting wanting to get started in wholesaling. I understand the general concept of how it works, but not a lot of the intricacies. Once I find a house that I want to get under contract, and then I get that house under contract, what if I can't find a buyer soon enough? What would happen if I backed out of the contract? Like I said I'm in college(and obviously don't have much funds) so I wouldn't want to end up losing a bunch of money that I don't have much of. Wondering if this is something I can get into with little to no financial risk or if I should wait until I'm out of college and have more money.