Investor/Landlord · Farmington Hills, MI · Member since 2011 · 1k+ posts · 1k+ votes
9y
They care that you can close the deal. The quicker, the better. A cash buyer, known to the wholesaler, who has successfully closed several deals with them previously, is a much safer bet than someone who is applying for a mortgage loan. That known buyer will often get a better deal than most others. It is not unusual for wholesalers to put properties under contract with specific buyers in mind. Those properties are often assigned to the end buyer before they are listed anywhere. The buyers will sometimes know the wholesaler is working on the deal before the initial contracts are signed.