Do wholesalers/ investors buy using online auctions?

Question

I am wondering if many wholesalers around the country would use an online auction site. For example: If I had a million dollar house for sale and the wholesaler would have a great shot at getting the house between $200,000 - $500,000, would people be interested in using this online auction website? Specifically, wholesalers. What would I need to get wholesalers and other investors to buy online? Appraisal? Pictures? Inspections report? Anything else that investors would like to see in order to feel safe buying online from across the country. Thanks.

2 months ago - 2 answers

Best Answer

Chosen by Asker

Wholesalers buy directly from banks, in mortgage chunks, they are not interested in individual properties.

by Landlord

2 months ago

Asker's Rating:

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