Nathan Payne talks to a house flipper on the street about wholesaling. He finds off-market deals and sells them to investors. The flipper has bought from wholesalers before and tried sourcing deals through the MLS.
Yo, so we're just out here on the streets networking, and I ran into a guy that's building this house and he's flipping it. Hey, you can network with anyone. Pretty crazy, huh? The owner here? Awesome, man. So I do— do you know what wholesaling is? Like, okay, so what I do is I mainly look for opportunities and I sell them to guys like you, man. Have you ever bought a house from a wholesaler?
Yeah, usually they're too much for me. They are, right? Yeah, they're too tight.
So do you find your own deals?
I try to on the MLS, but even then, man, like this one—
Do you actually mind if we record? 'cause this is actually a good conversation to have. If not, it's cool.
Yeah, man, let me grab my hat. Yeah, go get your hat, man.
Let's talk. That's awesome. It's crazy how you can just network anywhere you go.