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Buying & Selling Real Estate

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96
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Larry N.
  • Flipper/Rehabber
  • Silver Spring, MD
17
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96
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Selling a Wholesale Deal to End-Buyer

Larry N.
  • Flipper/Rehabber
  • Silver Spring, MD
Posted Sep 26 2016, 20:50

Hi, I was wondering what would be the best method to sell your wholesale deal to your end-buyer. I was thinking, if you have an option to purchase contract on a property with a wholesaler and once you get and end-buyer ready to buy, then you can either assign the option to purchase to the end-buyer or get a purchase and sales agreement (PSA) signed with the wholesaler and then assign the (PSA) to your end-buyer or get the wholesaler to assign the deal to you and you then assign the deal to your end-buyer.

I was thinking of getting the PSA with a clause to pay the $2500 EMD in 5 days and then assign it to my end-buyer.

Any thoughts on the best method to work these type deals?

Thanks.

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