The word is spreading about retirement planning with SFR, and we met a few innovative wholesalers who found a way to pivot and satisfy that demand in a new way: they are becoming retailers.According to dictionary.com , "A wholesaler is an intermediary entity in the distribution channel that buys in bulk and sells to resellers rather than to consumers

As a Commercial Property Manager I had a vacant unit with a large walk in and when the Owner decided to white box the space I found a national company that takes old commercial units and resells them.

I just sold a duplex that I purchased in an IRS auction and the title company’s underwriters are refusing  to  give title insurance to the new buyer, they are saying that the IRS did not follow foreclosure notificatio...

I would like to learn more about wholesaling, fix and resells. 

In my mind, if it was a good enough deal, they would do the work themselves and resell for a larger profit, rather than just selling as-is.

Originally posted by Financexaminer:And, if you or the appriaser can't find good comps, then I suggest you walk....regaredless of your startegy, I don't believe getting into any property that is not marketable to the next guy, with them obtaing conventional financing.Since it seems you were intending to rehab and then re-sell this (flipping it after rehab), then Bill's advice here is spot on.

Wells Fargo actually has a NO FLIP clause in it's paperwork, although, I've literally just crossed it out and told them per my contract we disclosed we were reselling for profit.The C buyer's lender just needs to be ok with the fact there was a quick purchase and resale.

If you write the note correctly you can always resell it but it gets you out of taxes and maintenance.Another option might be to borrow a small amount against the one you won free and clear and use that to buy a third, if you have enough cash to get that one free and clear then borrow against that to buy the forth etc. 

As mentioned earlier, this restriction has been waived by FHA since 2010, so you now can legally resell to an FHA buyer.  

The restriction you're talking about is for re-selling the property, not assigning the contract.