Back in 2018, we encountered one of the most unusual title challenges we’ve ever faced while working on a multifamily wholesale deal.

I’ve had to widen my search radius to smaller suburbs or target properties needing light cosmetic work to make the numbers work.Value-add opportunities: Adding amenities tenants love, like finished basements or upgraded kitchens, seems to justify rent premiums in this market.Navigating the competition:Be creative with financing: Seller financing or partnering with other investors has been helpful to secure deals when conventional offers didn’t cut it.Work with local agents and wholesalers: They often have their finger on the pulse of off-market opportunities, which is critical in a hot market.For those new to suburban Chicago investing, I’d say the key is finding the “sweet spot” neighborhoods—ones on the rise but not yet maxed out in price.

@Zach Howardthe wholesale hotline podcast was where i learned seller finance. 

I don't buy from wholesalers, so I never had to ask anyone any questions, but if I WERE to buy from a wholesaler (eewww, do you know who you are talking to?

I also think a lot of tech savvy motivated sellers can do better than selling a contract to a wholesaler.

If your working with this company and this company only and think that they are going to get you to the finish line to get the title in your name, well I’d say you’d have a better chance at winning the lotto.What some don’t know is they are not a one stop shop, the more you get dragged along the more money PreReo makes, again they are basically a wholesaler, the longer it takes you to obtain it the longer you pay them.

Wholesalers drag out the process if you go with a bad one. they are not buying the house. they only want your signature.

Networking, local meetups, door knocking, mailers, wholesalers, online forums specific to your area of interest.  

Please add me to your buyer list :) Email me Jimmy and I'll get you connected to a few Wholesalers I get Inventory shares from here in Houston!

I’m Keagan, a realtor and investor based in Indianapolis, and I’ve worked with several clients on value-add multifamily deals and have done a couple myself.For finding off-market opportunities, I’d recommend:County Tax Delinquent Lists – Great for uncovering distressed properties.Direct Mail Campaigns – Target out-of-state owners.Local Networking Events – Connect with wholesalers who specialize in multifamily.I’d be happy to introduce you to lenders and share leads if Indy is on your radar.