Reverse wholesaling inverts the traditional sequence.
Log in to followSitting on a decision and I want the room to argue about it because I keep flipping. A buy and hold outfit that picks up maybe four a month in my area told me they will take every…
The paperwork nobody reads is where this turned up. A buyer who takes roughly two houses a month wants me sourcing only for them in three zips, in exchange for first look on every…
I've been doing tile and some light plumbing for a guy who flips maybe six houses a year in my area. Last week on a walkthrough he said, half joking, if you find me another one li…
I do service work, so I'm walking through houses all week, and the idea of finding deals for the investors I already know seemed obvious. I asked nine of them if they'd buy a disc…
Trades background here, I've been on job sites for years and I'm looking at the paper side of it now. A guy at a supply house told me reverse wholesaling is the way in because you…
I have a buyer who flips maybe eight houses a year and he agreed to a call on Thursday. The plan is to ask what he buys, write it down, and go look for it. Standard reverse order…
A few deals in. What's happening is I bring things to buyers and they say close but no, and I burn my due diligence period finding out. My notes on each buyer say things like "SFH…
I have a buyer lined up before I have a property, which was the whole point, and I've been drafting the paper in advance so I'm not doing it under time pressure. Buyer is a small…
I'm most of the way through the licensing process and I've realized I never decided what happens to the reverse wholesaling side afterward. The case for keeping it as an assignmen…
Working out what the first deal actually costs and I realized I don't understand how I get paid. If I assign my contract for $5,000, does the buyer write me a check when we sign t…
Locked a 3/2 at 148k against a written buy box from a buyer who closed nine houses last year. He passed on day nine because his lender wouldn't fund a fifth concurrent project. I…
I fund deals rather than do them, and I want to understand this model from the buyer's chair before I ever write a check to someone running it. A wholesaler I've been talking to h…
I don't move fast on anything, so I did this in the order that felt safest. I asked one buyer what he wanted before I looked at a single house. He's a local guy with maybe 30 rent…
My first rental is coming and I'm reading everything, and I keep circling back to reverse wholesaling because it looks like the version with no down payment. Which makes me suspic…
I've been reading land for months without buying anything, and in the process I got to know a guy who assembles recreational acreage. He buys four or five parcels a year, all cash…
I don't like doing anything without paper, so before I looked at a single house I sat down with a buyer who owns maybe fourteen rentals in older working class blocks and made him…
Two operators told me two opposite things this month and I can't decide which one is right. The first funds every deposit himself, usually small, and says it keeps the file clean.…
Most of my work sits on the capital side, so I read about reverse wholesaling from the other direction and I'm confused about the first step. Everyone says get the buyer first. Bu…
Five weeks of calling instead of pulling lists. I pulled cash deeds from the county recorder going back 18 months, flagged anyone who bought twice, got 41 names, reached 11 humans…
Building my buyer list before I chase anything. I'm at eleven investors, mostly from two meetups and a couple of cash sales I found at the county recorder. Everywhere I look someo…