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Getting Started by Wholesaling

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IN THIS CHAPTER

Finding new ways to deal with too many deals

Wholesaling apartment buildings

Following the 5 Steps to Wholesaling

Closing a wholesale deal

Getting your resources ready

If you like the idea of owning commercial properties and are looking for an easy way to get started with commercial real estate, then you may want to consider wholesaling.

Wholesaling is the process of finding a commercial property, getting it under contract at a great price, and then selling your position in the deal for a “wholesaling fee” where your buyer’s total price adds up to be a very good deal. This is a great way to get started because you’ll be sharpening the essential skills of finding and analyzing properties without having to actually purchase or manage anything.

In this chapter you’ll discover how to get your foot in the door with commercial real estate by wholesaling properties. To wholesale commercial properties, you’re going to need to know how and where to find the right types of leads. We’ve got you covered. You’ll get to see how to analyze properties to see if the numbers make sense for a potential wholesale deal. One of the essential keys to wholesaling commercial real estate is getting the property under contract. We’ll explain why this is so important along with share some tips about contracts and agreements from the trenches. What comes next is getting clear on how to find the right buyer, followed by the essential steps to closing and getting paid for wholesaling a commercial property. Let’s get started with a story about you, in, let’s say, five or ten years from now.

Commercial Real Estate Investing For Dummies

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