Houston Wholesale Homes
As active fix and flip investors we’ve purchased numerous homes throughout the years from wholesalers all over the Houston. We have found typically Houston Wholesalers sell their properties with very little margin or supporting comparable sales.
Therefore, we look through hundreds of properties before we find one that meets our criteria of having comparable properties to support the price. At REI Wholesale Properties we deliver homes that are truly below market. Join our list to receive Houston Wholesale Homes Updates.
Now, the definition of “below market” can be subjective. If you ask ten different investors you’ll get ten different answers.
Here’s how we define Houston Wholesale Homes Below Market
- Must have 3 “sold” comps that are within a one-mile radius of the subject property. The 3 comps must be within ~300 square feet +/- of the subject’s living space.
- Subject property must be at least 20% below the average of the 3 sold comps.
It’s not easy to find these types of properties. We do marketing and spend countless hours searching for deals that meet this criteria.
Where do these deals come from? – Houston Wholesale Homes
We are marketing machines. Our arsenal of marketing strategies includes:
- Bandit Signs
- Newspaper Advertising
- Local Flyers
- Other Guerrilla Strategies
- Direct Mail to Absentee Owners, Divorce, Evictions, Free & Clear Properties, Probates, and Other Niches
- Massive Internet Exposure
- Direct Relationships With Banks & REO Agents
How we sell our Houston Wholesale Homes
Unless your offer is all cash you’ll need to be approved with a hard money lender and submit proof of funds or approval letter with the offer. Receive information about our new wholesale homes
To view a visit one of our properties, please call 281-215-3373 to make arrangements to obtain access.
Most of our properties are sold very quickly. We do however take backup contracts.
Because of the deep discounted prices we have negotiated on the properties we resell to investors and the small margins we work off of, we are unable to negotiate on the prices offered. We provide real values and discounted prices on the Houston wholesale homes we offer.
Because we usually buy and sell many properties monthly it is extremely important for you to close on the anticipated closing date in your contract to avoid penalties.
We take each and every offer very seriously.
All offers are subject to prior sales and withdrawals.
For more information about how we work and learn about our Houston wholesale homes call 281-215-3373
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