WHOLESALING

rodioj profile photo

HI ALL,

I HAVE A 2 PART QUESTION...

1) WHAT EXACTLY IS WHOLESALING AND DOES IT REQUIRE MONEY DOWN OR ARE PURCHASING CONTRACTS ENOUGH TO BUY AND SELL?

2) ARE THERE ANY GOOD COURSES RECOMMENDED FOR WHOLESALING WHICH INCLUDES FORMS AND LEGAL AGREEMENTS
confused

Comments(9)

  • bjsmooths30th September, 2002

    There are many techniques for RE investor to enter in this field with little or no money down. You just have to know how and where to look for those types of deals. Of course, if you have some cash or credit, it makes it easier to put together these types of deals.

    Scott Rister's course is an excellent choice on wholesaling. I would highly recommend it if you are thinking for getting into wholesaling.

    good luck,

    [addsig]

  • way_motivated1st October, 2002

    How is that new rister course?

  • joel1st October, 2002

    bjsmooth,

    Can you write a review about his course for all to see? Click on 'Write a Review' at the top of Scott's wholesale page. Here is the link
    http://www.thecreativeinvestor.com/Product78.html

  • bjsmooths1st October, 2002

    Joel,

    Done deal. It's posted! I am really glad I bought it!



    [addsig]

  • bjsmooths1st October, 2002

    Quote:
    On 2002-10-01 18:08, way_motivated wrote:
    How is that new rister course?



    Way_Mo,

    It's probably the most comprehensive course on wholesaling I've read so far, with an affordable price tag (in my mind at least).

    [addsig]

  • rodioj1st October, 2002

    HEY THANKS FOR THE REPLIES...I HAD PREVIOUSLY CONSIDERED SCOTT'S COURSE AND WILL MORE THAN LIKELY PURCHASE IT, HOWEVER, IS THERE AN ANSWER TO QUESTION # 1?

    THANKS GUYS

  • bjsmooths1st October, 2002

    Hey rodioj,

    Basically, when you start out with little or no money, you flip contracts. However, when you're ready to flip, you need to flip to another investor that has at least the money to pay you off. This means, you need to develop a repoire with some investors that are interested in buying and rehabbing homes. Scott recommends you gather a list before hand, and I would tend to agree. However it isn't a necessity. I like having buyers to flip to, just to have more control over a deal.

    good luck


    [addsig]

  • joel1st October, 2002

    Quote:
    On 2002-10-01 19:22, bjsmooths wrote:
    Joel,
    Done deal. It's posted! I am really glad I bought it!


    Thanks bjsmooths for testing out one of our new features. Here is the link to bjsmooths review of Scott's course.
    http://www.thecreativeinvestor.com/modules.php?name=Reviews&rop=showcontent&id=4

    And yall. Feel free to post reviews about courses we have in our shopping area. We post them all.[ Edited by joel on Date 10/01/2002 ]

  • rodioj2nd October, 2002

    YEAH, I ATTENDED MY FIRST REIA MEETING LAST FRIDAY AND FOUND A COUPLE OF INVESTORS TO FLIP TO AND THEY SOUNDED REALLY POSITIVE...THE OTHER THING IS...AFTER I STUDY THE COURSE, I WILL INVEST IN PRE-FORECLOSURE LISTS THAT HAS ACCESS TO SEVERAL INVESTORS IN MY AREA...THAT SITE IS www.foreclosureworld.com...CHECK IT OUT GUYS...IF YOU DON'T ALREADY KNOW ABOUT IT

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