What does it mean to buy Real Estate from a Wholesaler?
Basically, we tie up the property with a full contract to take it off the market. We will have a settlement date, rehab estimate, title co., and anything else needed to hand over to you. You, the end buyer, will sign an Assignment contract to take over the full Real Estate contract that we signed with the seller. It truly is that simple. No need to negotiate, find a contractor, title co. We have done it all. A true Full Service Wholesale Company.
Why Buy Wholesale ?
As real estate wholesalers we are out every single week looking for the best deals and negotiating the best contracts we can find in any given area. We have people lined up in in the surrounding areas of the Lehigh Valley Pennsylvania including Reading, Harrisburg, York and the Baltimore MD area.
We use a simple formula when we negotiate, so you will always come out of the deal with positive cash flow and instant equity after you complete your rehab.
We already have in place our contractors, title company's , property management and anyone you would need to complete the transaction before and after the close. This is investing the easiest way possible, using other people's time, talent's and in some cases, money.
The 1% Rule: This states that if for example you buy a property for $100,000, it would be a good deal if you get $1,000 per month rent or 1% of $100,000. Our properties are always more than that, sometimes up to 1.5%. It is not unheard of to get a property for $40,000 and rent for $650.00 per month.
The average property we sell is normally between 30k and 45k and needs between 5 and 8k in rehab. When we set up a buyer's profile for you, we will work with you to find the property that fit's your specific needs. It can be a single, multi-unit , ready to rent or major rehab, whatever you are looking for. Many of our investor's buy single's , rehab for around 5-8k, refinance them and take cash out right away.
Whatever your goals and needs are, we will find the right property that fits into your plan. Call today to be placed on our exclusive buyer's list.