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Foreclosure Forum |
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Not understanding this...In Reply to: Re: How find and contact wholesalers? posted by Rick, the Probate Guy on February 04, 2010 at 11:38 AM
Confused by this response. Must be some terms I'm not defining properly. I don't understand why there would be an inner clique among wholesalers (other than people who have successfully done business before with each other and want to continue to do so). Anyway... I would think that wholesalers (usually people who want to flip for fast money and don't want to rehab, or have too many rehabs going already) would jump at being able to add another name (like me) to their list of prospective buyers. Right or wrong? It seems quite simple to me: they offer me a property at a certain price... I inspect it, perform my regular due diligence, and then determine the cost of rehab and the range it will sell for when finished... and if the numbers work... I buy it from the wholesaler. Seems straightforward to me. Am I missing something? The only problem I think that I have... is how to make myself known to wholesalers so they call or send me an email (as well as others on their list) when they have a property to sell. If this isn't the case I'd like to understand why not. Thanks. Follow Ups:
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