From what I’ve been reading here, am I correct in understanding that I should wholesale a property if it needs to be rehabbed and sold to an investor, but if it doesn’t need rehab and can be sold to a regular buyer then I should use an option to buy?
Also, I’ve read a lot of conflicting information…some people say double closings are very hard to do, so options to buy are the only way to go. Others say that assigning contracts is frowned upon by lenders.
I’m very new to this, as you can tell, and it’s hard with my lack of experience to read about how others are handling their businesses and not know if they are writing about their personal preferences or reality.
Thanks!