Wholesalers in Prince George's County, MD

[Erroll George]

Hello BP Community.  I am interested in wholesaling in Prince George's County, MD and wanted to know if there are any experienced wholesalers in my area that are willing to assist me in my quest.  I have done some research on the subject but would like to get some first hand information from someone who is currently doing it in this area.  Someone willing to take on an "apprentice", so to speak.  Looking forward to hearing back. 

[Duane Ortega]

Hi Trevor,

In order to do a double closing, you need to get the property under contract (AB, where A is the seller and B is you).  Typically, sellers want a proof of funds and you can get this from transactional funders.  Next, you find a buyer for the property and execute a contract (BC, where B is you and C is the end buyer).  Next, you arrange for these 2 closings to occur on the same day.  The transactional funder and end buyer will wire their funds on the day of closing arranged then the closing agent closes AB and then BC transactions in sequential order.

I hope that helps clear things up a bit.  Please message me if you have any fur ther questions. 

Best wishes,

Duane