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Updated over 5 years ago on . Most recent reply

George Liu's profile image
George Liu's profile image
George Liu
  • from Houston, TX
  • Member since Jul 17, 2019
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George Liu's profile image
George Liu's profile image
George Liu
  • from Houston, TX
  • Member since Jul 17, 2019
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George Liu
  • Houston, TX
6
Votes |
31
Posts
Multi-Family and Apartment Investing

Scammed by a wholesaler

George Liu
  • Houston, TX
Posted

Went in on my first multi family deal and got burned by a wholesaler. Sellers refused to proceed as they were fed up with the wholesaler and now they won't refund $. Are there any protection for buyers in this kind of deal? I'm in Texas.

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Tanner Marsey's profile image
Tanner Marsey's profile image
Tanner Marsey
  • Rental Property Investor
  • from San Diego, CA
  • Member since May 20, 2017
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Tanner Marsey's profile image
Tanner Marsey's profile image
Tanner Marsey
  • Rental Property Investor
  • from San Diego, CA
  • Member since May 20, 2017
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Tanner Marsey
  • Rental Property Investor
  • San Diego, CA
578
Votes |
439
Posts
Tanner Marsey
  • Rental Property Investor
  • San Diego, CA
Replied

Go direct to seller. Cut out the wholesaler fee. They get a little more money in their pocket and you get to keep a little more of yours. Everyone wins. Except the wholesaler who doesn’t deserve to.

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