My very first wholesale deal turned out to be a bad experience. I felt that I had explained to the Seller how I worked but turned out he did not understand it.
It took the Title Co. about 3 1/2 weeks to tell me if the title was a clean title, so the seller called me, so he could start preparing to sell his house to me but we had done a 90 day contract and he wanted to make the deal asap, so I told him that I needed an end-buyer, just like the contract said, so he decided to cancel the contract.
The first 30 day I tried to whole sale the house without any success, so all I could do was retail the house, and the owner said no. So I lost the deal.
I'm still trying to make my first real deal.
Specializing in Mortgage Assignment
Wholesaling
Finder aka Bird Dog for Commercial Properties
Just to let you know, they all don't go sour. If 1 in 100 go bad, remember your next 99 will be great!! Keep on pluging away.
Always Looking to Acquire Houses | Always Looking to Amaze Investors