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Real Estate Deal Analysis & Advice

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Michael Campbell
  • knoxville, TN
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61
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Wholesaling to a conventional buyer

Michael Campbell
  • knoxville, TN
Posted Nov 6 2013, 17:57

hey everyone

Any thoughts on what might be the pros and cons of wholesaling to a buyer who would be purchasing through a conventional loan. The house I'm considering is worth about 80k and I have an accepted offer at 43k with maybe 5k in cosmetic work to be done. Would I be able to assign the contract to such a buyer? The seller has said that a 60 day escrow would be ok, so maybe that would cover any time constraints that loan stuff would cause.

Any advise would be appreciated

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