Lex Levinrad Real Estate Investor, Speaker, Author & Mentor

On this podcast episode I talk about buying deals directly from wholesalers, and how that is an untapped niche that many investors don't utilize. Much of the focus for new and experienced wholesalers focuses on finding deals, getting the houses under contract and then flipping those houses to cash buyers. However, just because you are a wholesaler, doesn't mean you can't be a cash buyer too. The key is to know what a property is worth. If you know the After Repair Value of the property, and you know for a fact that there is a substantial profit that could be made by rehabbing that property, then you can close on the house yourself and fix and flip the property. All you would need to do this is access to capital, a private lender or a credit line. Even if you have zero desire to be a rehabber (like many wholesalers) you will not give away your best deals too cheaply if you know what they are worth and you know what you could sell them for. Knowing the ARV is very important. You can also apply this same strateg