Wholesale Properties

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Can someone explain to me how to find a property to purchase at wholesale?? Do I need to buy a package from the bank???



Thanks for your help.



Matt

Comments(3)

  • ypochris17th August, 2007

    Check out the marketing forum for ideas- it is all about finding the deal.

    Chris

  • rickpozos10th September, 2007

    With any type of buying and selling, you have to buy low and sell a little higher. How do you find the buying low?? That is the eternal question, grasshopper.

    I will save you countless $$ and even more time. When dealing with people on your quest for the infamous "wholesale" home, you must search out one facet of the equation that is crucial. NEED. The sellers "need" to sell their home. Not that they want to sell, or are thinking about selling. They have to need to get out and get out NOW. There has to be some motivating need that makes them have to sell their home. This may be a divorce, loss of job, or an illness of some kind. Market to people and when they have this type of situation, you know you have a wholesale deal.

  • hunt10413th September, 2007

    What exactly do you mean by "Terms" I know that I would have to get an agreement in writing from a buyer but do I also have to get one from the original wholesaler?

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