Home » Real Estate Forums » Real Estate Investing » Buying Foreclosures, REOs. Short Sales, FSBO, MLS and More

Wholesale A Wholesale????

Posted on: Mon, 08/22/2011 - 17:55
Wholesale A Wholesale????

Can you wholesale a wholesaler? And if so is there anything different you do with contracts etc?

__________________

Regina Smiling
RLK Investments LLC


Posted on: Fri, 08/26/2011 - 12:18 #1
I Would Think It would be Ok

I Wholesale so I would think it would be Ok you shouldn't have any issues & all Paperwork should remain the same as you would do it normally i would assume .


Posted on: Fri, 08/26/2011 - 20:07 #2
Regina

A buyer trying to find a buyer of your deal and tie up the property is usually wasted time, but not always.
To eliminate this and ensure they'll perform, get a non refundable EM ($3-5k or more) that way they are more obligated to perform and close the deal without wasting your time. If they refuse the non refundable EM, theyre not real or serious.
They need to know that you have other buyers/investors and 1st come- 1st served

__________________

Mike
https://tvallc.isrefer.com/go/RehabLite/renvestr/ Free tools


Posted on: Fri, 08/26/2011 - 20:36 #3
just

just double close it.

OR co-wholesale off the first

Jen


Posted on: Fri, 08/26/2011 - 20:59 #4
co wholesaling

Is there a special contract between two wholesalers who want to be partners?I have met many people from different states that say that they would be willing to co wholesale and i just wanted to protect both parties.
thanks, Jeff

__________________

Jeffrey Groh


Posted on: Fri, 08/26/2011 - 21:34 #5
I am currently doing this.

I am co-wholesaling with two ppl in my area. Using their buyers lists to move my deals and we split the assignment fee. Volume over price. Move a lot of deals for a low fee and you will make a lot more money in the long run.

__________________

Click Here To Buy Deans New Book!!! http://www.lanemccaw.bookimentioned.com/b/
Visit my website:http://qchomebuyers.weebly.com/
Visit My Facebook Page: http://www.facebook.com/#!/qchomebuyer
Visit My Linkedin Page: http://www.linkedin.com/pub/the-1-fast-ca-h-home-buyer-in-the-qc/28/b79/...

"In order for me to think outside the box, that would require me to acknowledge that the box actually exists. In my world, there is no box."
~Matt Larson~


Posted on: Fri, 08/26/2011 - 21:55 #6
I need to go. Green Light!

I found some deals. Now I need to move on one. I'm just in a panic, because I needed to do this months ago. Now I'm in such a financial jam it's the 11th hour. So I can't think what to do. One is listed at $40K and is valued at $74K. It's a reo. Now what? Do I just need to find a title company and a home inspector, then make my offer?