Hello Pinky,
Wholesaling is basically finding distressed properties, buying them very low, then you sell them at a low price to another investor.
eg. You buy a distressed house for $50K. If you were to renovate and sell, you could get $150K, but instead of doing all the work, you sell to another investor for $75-100K.
Hello Pinky,
Wholesaling is basically finding distressed properties, buying them very low, then you sell them at a low price to another investor.
eg. You buy a distressed house for $50K. If you were to renovate and sell, you could get $150K, but instead of doing all the work, you sell to another investor for $75-100K.
It's easy to find wholesaleable properties! (especially in Stockton, California)
Just drive around. See a house with a brown lawn? See a house that needs a paint job? See a house that looks abandoned?
Jot down the address
Go to you local courthouse, to the county recorders office and ask the clerk how to find the owner of a property.
Then, get in touch with the owner and ask if they want to sell!
Hope This Helps!
Mrs. Meltzer
look at the forum on wholesaling propertys its real helpful