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Updated over 4 years ago on . Most recent reply

User Stats

29
Posts
7
Votes
Jon Robinson
  • Contractor
  • Abington, PA
7
Votes |
29
Posts

Wholesaler asking for POF and to sign a NDA

Jon Robinson
  • Contractor
  • Abington, PA
Posted

Hi, I have a wholesaler who texted me a deal for a 57 property portfolio, so I said sure I'll take a look at it send me an email. He replied I would first need to sign a NDA and show POF before he sent any more info. This would be my first time working with a wholesaler so my question is if this is normal? I know that this is a larger deal so some amount of confidentiality would be required but he is unwilling to offer any information outside of the asking price and a cap rate. Just sounds a little fishy to me.

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