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30 March 2011 | 5 replies
How wholesaling works in simplest form:1.Wholesaler finds buyers and finds motivated sellers2.Wholesaler contacts seller gets property under contract after negotiating price for property3.Wholesaler flips the contract to his end buyer4.End buyer closes with seller5.Wholesaler gets paid assignment feeIt gets more involved then that but that's what wholesaling is in a nutshell.As far as the situation you described either the wholesaler was trying to assign a property from another wholesaler or he was doing something illegal buy trying to sell you a property he didn't have under contract.Those types make us legit wholesalers look bad and those types should be locked up.
27 March 2010 | 8 replies
Comes in an excel format with Name, Address, and Zip Code.Josh, delete this if it is improper to post, but the site was www.responsemakers.com.Again, I don't know anything about how fresh or accurate these names are, but it seems legit.
19 July 2016 | 2 replies
not a quick process, but one if done correctly can yield you a great agent.2 network with other investors and you will quickly see who the top investor agents in your area are.3 call a few larger brokers in your area and ask for some recommendations.when you find your agent make sure you can clearly define what you are looking for and can provide a legit POF.
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27 February 2022 | 17 replies
So unless you didn't want your fee on the HUD and get paid from the closing company, if you still didn't want to disclose then you'd have some form of agreement off the HUD that your seller would be paying you (which then you'd have to trust your seller to be guaranteed your $) and then the end buyer would still want to see the original contract (which again, if you built your fee into the initial contract with the intentions of hiding your fee and agreeing to get paid on the side outside closing) then you could operate that way.I by no means am trying to tell anyone they should be hiding it or go about it this way, but answering a legit way to handle your question.
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9 July 2014 | 9 replies
If they want get paid a fee at closing when it funds then that is fine.Too many fakers out there stealing money and make small fees appear legit.
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15 August 2019 | 18 replies
It’s just easier and helps promote the price as a legit price.
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14 May 2020 | 8 replies
Figured I would read out here if anyone local was using someone that was half way legit.
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29 March 2023 | 46 replies
Yes there are some wholesalers who are legit.
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11 February 2023 | 56 replies
Depending on how fast you can scale, building has a lot of reward including legit equity at completion, high market demand, and almost worry free maintenance, whether you are building to sell or hold.
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12 July 2017 | 1 reply
Some of these may be legit, but some of them...especially the ones who claim you will start off making $10,000 a week....sound like a scam.How would a scam like this work?