How to Find Wholesale Properties

 

Often investors want ways, other than standing at the court house steps and/or purchasing REOs, to flip homes for a larger profit. Finding a local wholesaler to work with is a great way to solve this problem. Wholesalers deal with a variety of different types of properties from fixers, to turnkey properties, to distressed homes, distressed situations, vacant properties, handyman specials, etc. etc. A lot of times you can find specifically what you are looking for less money working with a local wholesaler than bidding at the court house steps or purchasing REOs from banks. Most wholesalers have exactly what you are looking for, and if they do not, it does not take them long to get the right property in their inventory, usually within days. Most wholesalers are also very personable people and would be an invaluable asset to your real estate investing team.

Have you ever thought there has got to be a better way to quickly find quality properties at a lesser price? Well wholesalers are the answer. Often wholesalers have a large inventory for you to choose from, and if not you can tell them exactly what you are looking for and let them find it for you. No more wasting time looking for deals when your time could be focused on other efforts. Wholesalers can find great deals for you, and bring them to you, leaving you with the time and resources to work on your other projects.

Whether you are looking for properties for “buy and hold” purposes such as rental properties, or for “fix and flip” opportunities, finding a wholesaler can provide you with the properties that you need. No more would you have to deal with seller situations such as tax liens, or clouded titles. Wholesalers deal with these issues before you ever lay eyes on the property. So you know when dealing with a wholesaler, that the title will be clean. Wholesalers often shoot for the shortest allowable escrow, often as long as it takes the title company to prepare the documents so no more waiting for someone to move their things out of the house before you can go to work. Also wholesalers usually have a V.I.P. buyers list, and if and when you choose to join their list, you can get these properties for even more of a discounted price before it gets put out to the market. If you are serious about your real estate investing career, finding a wholesaler to bring you properties could be the answer to your success on a large scale.


Memphis Buy And Hold is specializing in locating, purchasing, renovating and managing single-family and multi-unit properties and possesses from 2007 up to the present of experience in real estate investing and property management in the Memphis and Nashville markets.