Has anyone ever tried real estate wholesaling?

[38 returns]

I purchased a short sale townhouse in 2008ish for 210k that sold for 375k in 2005ish. They had 2 mortgages on it and both lenders had to sign off. I lived in it 2 years and put in hard wood floors before selling it at a profit. Not sure if that counts

more iies

[ThisisOverload]

They clear the lien as part of the offer.

Correct.

I flipped houses for 7 years.

Made a killing.

But i had the right connections and have been working in land development for 20+ years.

I never bought the trash houses. I'd buy houses that need work but had good "bones" in key market locations.

Still have a few rentals.

It's harder now than it was 15 years ago when i did it.

[Humble Narcissist]

Correct.

I flipped houses for 7 years.

Made a killing.

But i had the right connections and have been working in land development for 20+ years.

I never bought the trash houses. I'd buy houses that need work but had good "bones" in key market locations.

Still have a few rentals.

It's harder now than it was 15 years ago when i did it.

Is it harder because so many people jumped into it?