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Updated over 10 years ago on . Most recent reply

User Stats

97
Posts
32
Votes
Delon Hall
  • Investor
  • Atlanta, GA
32
Votes |
97
Posts

Is it possible to wholesale a REO property (www.homesearch.com)?

Delon Hall
  • Investor
  • Atlanta, GA
Posted

Is it possible to wholesale a REO property (www.homesearch.com)?

I have located a REO property that another wholesaler has found an end buyer for. The co-wholesaler has already gotten earnest money from his end buyer which is now with the closing attrny, but no contract is in place since I have not placed the bid.

Can I assign, double close, or sell my llc?
Could I just place the offer my self, assign to end buyer, and split the profits with co-wholesaler?

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