Can i wholesale a property thats already being wholesaled? & How?

Can i wholesale a property thats already being wholesaled? & How?

Member since 2018 · 3 posts · 0 votes

I'm a new investor out of hollywood, fl. I was noticing how many wholesalers there are on craigslist. I was wondering if i were to find a deal on craigslist, and its being wholesaled. Would i be able to wholesale that property off of him? And if so, whats the process? Ive researched the subject and cant seem to find an answer. Thanks so much

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  • Real Estate Broker · Greer, SC · Member since 2013 · 548 posts · 271 votes
    8y

    Yes, the contract is assigned to you and then you assign it to your buyer.  I have seen it happen many time.  However, most deals that have been looked at on Craigslist and are still available, may not have the spread to do a "double assignment".

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