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Updated over 5 years ago on . Most recent reply

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Mason Schuster
  • Sugar Land, TX
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What to do if you can't find a buyer wholesaling?

Mason Schuster
  • Sugar Land, TX
Posted

I'm looking to get into wholesaling but am curious about what happens if you get a house under contract but you can't find a buyer in time. What would happen in that case? Any and all help is much appreciated!

Cheers,

Mason

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Drew Holland
  • Orange County, CA
22
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Drew Holland
  • Orange County, CA
Replied

@Mason Schuster  You may not have a great deal and need to go back to the seller; happens to wholesalers from what I understand ; ).  An investor will need a lot of "meat on the bone", especially in this environment and depending on your market.  From there either execute the contract again at a different price or cancel the contract if you two can't agree on price, and move on.  IMHO

Following this post to see what other, more expert, investors say.   

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