Hello Everyone! I want to start out wholesaling but I understand the negative perception it comes with. However I want to do wholesaling in an honest way, so I have a few questions and statements that I need advice on.
1. If my contract on states that my intentions are to SELL/ASSIGN the contract to an end buy, would that suffice? Also, I will verbally tell the seller. The only way I want to include BUY is if I evaluate the property and would be willing to actually close it I can't find an end buyer.
2. I plan on using the BP calculator to show each potential buyer.
3. In regards to repair cost, depending on the amount of issues with the sellers property, I am willing to pay for my own home inspection to give me the best repair cost value.
4. In regards to my profit/fee, I believe if I am not worried about making the craziest amount of profit but instead, make sure the end buyer has a great profit, that would lead to a great reputation and buyers list. Should I take this approach.
Please keep this constructive as I am only seeking advice. My apologies for the errors, I'm typing on my smart phone at my 9 to 5 ugh. Thanks.