Commercial Land Wholesale Deal

1 Reply

Hello all I need a little guidance. I’m in contact with a reputable gas station chain in my market who are my buyers. I’m looking to double close with them on a lot that would be perfect for a gas station.

1. Land is listed on mls

2. Will have to double close

I’m just seeking guidance and advice on how to approach this deal. Any suggestions would be greatly appreciated.

@Luis Davila it's the same process as with a house. Make sure you check with the buyer to find out how much time they need for due diligence and closing. Then go negotiate the purchase contract with the agent. They will likely want to see a deposit and proof of funds depending on how much the property is selling for. Make sure to have a closing attorney or title company that does double closings.