Wholesale MLS property
Hey BP!
I hope everyone had a great weekend. Here is the situation. I was contacted by a seller from my direct mail campaign. He has a house listed at 69.9K since March. He also has 4 other properties that he's willing to part with. I don't know if they are listed or not as he didn't send me any I do on them yet. I want to treat him right so that I have the opportunity to help him with the other properties. These houses are in Philadelphia.
After viewing the property, I called him and said we don't tend to deal with MLS properties. He said we'll shoot me a number. We agreed at 12.5K. I don't have any contracts in place yet with him. I wanted to come to BP first to ask what I should do.
How should I move forward? What should I watch out for? How do you handle wholesaling listed Philly properties?
Thanks for all your wisdom,
Mark