Who should investors be wholesaling their properties to now that the market has changed?
Even those that denied the change was coming have joined the mainstream media in admitting that the economy and real estate market has changed. Some have become very bearish on the outlook.
Of course, this is the best time in the market for wholesalers to finally pick up some of the best discounts on properties that have been available in over a decade.
There is no shortage of deals to acquire. The big question many may be grappling with now is how to organize their businesses to keep a great flow of deals and income. After all, you don’t want to load up on properties that you can’t immediately unload and convert into cash profits.
It is pretty clear that the middle class retail homebuyer is in deep trouble. Between skyrocketing everyday living costs, taxes, and interest rates, most are being blocked out of the housing market. So, who does that leave?
Wholetailing To Affordable Home Buyers
The middle class is now flocking to more affordable housing. Including new areas they never would have considered moving to before. Lower income buyers are also benefiting from new home loan programs that are offering zero down payment options.
Wholetailing To Luxury Home Buyers
The luxury end of the market still seems to be enjoying blissful ignorance about the current recession and inflation that is crushing the middle class. Even when they do feel it, real estate is often a go to for securing their assets.
They are still buying big ticket properties. In many cases they buy teardowns in prime locations which are perfect deals for real estate wholesalers.
Wholesaling To Veteran Investors
Just like many lenders, Realtors, and others, many real estate investors that jumped into the market over the past decade are going to bail out and find jobs elsewhere. Many already are.
Look for those who kept flipping through 2008 and COVID lockdowns, and are eager to take a high volume of deals from you over the next few years.
Wholesaling In Bulk To Funds
Funds are still active. Especially buy to rent funds. They are snapping up multifamily buildings, and entire SFR projects.
Which of these end buyers will you focus your business on?
"I want thank you for the excellent service I received from Best Transaction Funding.The quick response I received from your company from the beginning of the transaction and to the end was unbelievable. I also want to give a special compliment to you as well. You went to great lengths to keep me informed and gave my title company all the information they needed to complete a successful closing. I cannot express how thankful I am. Such service builds great working relationships. I will definitely recommend Best Transaction Funding to all my fellow investors. Thank You."
- Frank Olaitan, Real Estate Investor, MD
"I can't thank you and your company enough for providing funding for our latest project, and right at the last minute. You came through with funding in less than 24 hours and coordinated with the closing agent and attorneys like you had been involved with our project the entire way. I'll know exactly where to call for the funding we'll need for our next project."
- Dave Pricken, Real Estate Investor, NJ
"Thank you so much! I just had a talk with our Realtor on both properties and told him amazing things about your company!... Normally I rehab the houses and re resells them. I just don't have the patience for that work anymore. This [transactional funding] is such a better way for me and less stress."
- Steven Kupecz, Real Estate Investor, TN
"We want to thank you for the exceptional customer service you provided. No one comes close. We had contacted a competitor the same time we contacted your company. Your company responded with in a few minutes while the competitor has yet to respond weeks later even after multiple phone calls and emails. Thanks again for the unmatched customer service."
"We had looked into several transaction lenders for a couple properties we were trying to flip. Your company was the most responsive and had the best pricing. Even though we had logistics issues with the B/C lender, your company acted very professionally and handled our requests beyond our expectations."
"Thank you for your commitment to an excellent customer experience."
- Phoenix Properties, LLC, Ronald Destefani, Investor, PA
"I was studying on how transactional funding works and you guys had the best and most thorough explanations posted so I could fully understand the details in back to back closing. I'd already started setting everything up but your video confirmed that I'm on the right track."
- La'Donna Turnipseed-Scott, Investor, LA
"....a few months back, I happened upon a video, on your site, regarding the use of transactional funding with Hud properties; and I found myself replaying the video over and over because of the value that I saw in the message...it actually explained the process, step-by-step on how to submit a Hud deal by using transactional funding. Once I completed the video, my initial response was to take immediate action by duplicating what I had learned from the video into real time. So I did some research on properties in a market where I knew I had buyers; and put together a hud deal. I then located a realtor able and willing to submit my bid online and within a couple of days, to my surprise, received a call telling me that I had won – my very 1st Hud bid."
"To you I say, ”KUDOS to Best Transactional Funding and Thank you for providing the education and services to Real Estate Entrepreneurs like me. Please keep up the good work!'"
- T. A. Davis, Investor, NJ
"You each deserve high marks for your wonderfully quick response time to each of our questions and requests! You hit home runs with us! Your application system was easy to use. Our deal met your qualifications and every time Rob Kozak or any member of Mystic Properties, LLC phoned, we received a "real" person dialing back to speak with us.
Your patience and persistence were exceptional in dealing with our business interests. Thank you for such great customer service! We look forward to working with your staff, again, in the future. We like referring people to you, as us, our team would have missed-out on an excellent earning opportunity.
Your help negotiating with our title company made our back-to-back deal, finally happen. People noticed on settlement day how effectively and efficiently your part of the transaction was organized and executed. Again, thank you for truthfully being the "BEST" at what you do!"
- Diane McAdams, Mystic Properties, LLC, Real Estate Investor, Pennsylvania
"Boy, you guys are impressive! I can’t thank you enough for scrambling and getting my deal done at the last minute like that. You and your team were awesome!"
- Donna Bauer, The NoteBuyer Inc., Real Estate Investor, OH
"Thank you so much for working so diligently with me. Your services really are the "BEST". I look forward to working with you in the near future!"
- Ericka B., Real Estate Investor, CA