All Forum Posts by: Vivian Hernandez

 If you are wholesaling to property owners with unlisted properties, then you would make an offer directly to the owner and have your own contracts.

@Vivian Hernandez, to misquote Shakespeare: "a thorn by any other name would still make you bleed".

Your Realtor not recognizing the word "wholesale" should have no bearing on whether you move on or not. Question is: do YOU understand wholesaling?

If you have contracted to buy a property at the highest price that your Realtor thinks is available on the market, how will you now sell it at a profit?...

 Sure you can, the question is which part of the value are you going to bring?

I see so many crappy wholesales trying to take other peoples wholesales and marking them up without any contract to try to make a quick buck.  And usually they are overpriced already.  We have done co-wholesales where we have the deal and we partner with a wholesaler with the right buyers and split the profit 50/50 with them.

If you have a deal try to approach the best wholesaler in your market.  They will know quickly if your deal is really a deal.  If they have a buyer it's an easy payday for them and all you have to do is pass off the lead. 

Obviously there are issues with legalities with the Division or RE if you are not licensed, but that's another issue.

Vivian - Welcome to the vibrant BP community.

Yes, you can....here is proof in a response to a similar question.

Originally posted by @James Green:

@Bruce McCray you can cowholesale. You have the contract, another wholesaler has the buyer and the 2 shall meet for 50/50 split (with a signed agreement). I have plenty of Washington DC & Northern VA buyer!

The original post is below where you can follow the responses to get additional tips.

https://www.biggerpockets.com/forums/517/topics/24...

 Sure you can, the question is which part of the value are you going to bring?

I see so many crappy wholesales trying to take other peoples wholesales and marking them up without any contract to try to make a quick buck.  And usually they are overpriced already.  We have done co-wholesales where we have the deal and we partner with a wholesaler with the right buyers and split the profit 50/50 with them.

If you have a deal try to approach the best wholesaler in your market.  They will know quickly if your deal is really a deal.  If they have a buyer it's an easy payday for them and all you have to do is pass off the lead. 

Obviously there are issues with legalities with the Division or RE if you are not licensed, but that's another issue.