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Updated about 8 years ago on . Most recent reply

User Stats

92
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25
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Chris Frydenlund
  • Investor
  • Katy, TX
25
Votes |
92
Posts

How to buy from wholesaler

Chris Frydenlund
  • Investor
  • Katy, TX
Posted

I got 2 cash deals from wholesalers. The only way I can make them work is by terms not price. 

How can I buy a property from a wholesaler who offers a cash deal when I want to change the deal? 

I'm still new and learning. One property owner owns a rental property free and clear. Wholesaler says he's old and wants to cash out on all his investments. It's not a good cash deal. Wholesaler tells me ARV is 350K and they are asking 300K.

I'd be interested in seller finance and since he's old offer a 3, 5, 10 year balloon and then cash him out. 

Rehab and owner finance to a buyer and then have buyer cash me out at the agreed time. 

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