So, after looking at MLS with my realtor to find deals, I have not come across a decent property with the right numbers (according to the 50%). My strategy is buy and hold using the 50%. Would being on a wholesaler’s list of buyers be a good way to get good deals? This would be my first property - owner occupied with FHA loan. Please let me know what your thoughts.
Thank you very much for the advice. I have already joined a few wholesaler’s list, including a guy I met at my work place that owns and operate “We Buy Ugly Houses”.
I try to join as many as I can and I even advertise some of my deals on other people’s site. Joing a list is a lot better than looking on CL for deals or calling “motivated sellers” who want to sell there house at market value.