I recently had a wholesale deal get quite interesting a few weeks ago so I figured I would try and are with everyone the backstory and the mistakes and lessons I learned so you can try and avoid them in the future.I got a good call from a prospect in Westchester County, NY and I contracted the house sight unseen from my house in California.

With 35000 in repairs Realtor commissio  6% I either want to wholesale it  or keep it for myself. 

It would probably be more advantageous to just reach out to EXPIRED listings rather than MLS listings.You can certainly still follow that formula but most of us use some type of wholesaler. 

Hi Everyone,My partner and I have a deal in Greensburg, IN just outside of Metro Indianapolis that we don’t have enough equity to wholesale the property like we usually do but the owner has told us that he would entertain a 2 year lease option on the property.

All investors/atty we spoke with said same thing.....Short Sale.My next question is...how would we start the short sale process and if so, how do we wholesale it?

Hi BP family ,How / Who do I contact about properties that are REO ? Is the name on the property the person I should contact or is it a bank association or something I should contact with it being a post foreclosure?

Investment Info:Single-family residence wholesale investment in Chicago.

I see SO many posts from newbies who want to become wholesalers and I don't really understand why.

Wholesaler on BP How did you finance this deal?

@Darrell Paden You could do either one, but for tax and liability reasons I would suggest doing wholesale deals in your LLC