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All Forum Posts by: Serge Bertossini

Serge Bertossini has started 1 posts and replied 1 times.

Starting Out

Post: Wholesaling

Serge BertossiniPosted
  • Real Estate Investor
  • Montreal, Quebec
  • Posts 1
  • Votes 0

I went to a 3-day Real Estate Investing seminar and I an considering starting my real estate investor strategy by doing wholesaling. The seminar representative gave me a list of U.S. banks and I need to contact them and ask for a list of distressed properties and go from there. 

They provided me with a formula and if there is enough profit ($30K-$40K) then I need to approach an investor that is eager to take on the flipping opportunuty.

I need to know what is the potential of success using that method? 

Please indicate the reason(s) why I should or shouldn't try and also indicate how I should proceed.

Thank you for your input!

0 Votes