Updated over 10 years ago on . Most recent reply
Wholesale deal turned Rehab management
Hey all,
So I've reached out to an out-of-state buyer to wholesale a property. He is interested but he wants to put a twist on the deal. After he buys the house, he wants to know if we'd be willing to basically renovate it for him. So he would pay us to hire the contractors, oversee the renovation, and then find a good property manager for him. Has anyone come across this situation? If so, were there any problwms with this type of situation? Also, how much did you charge for this and what type of contract did you use for this transaction? Thanks!