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Updated over 11 years ago on . Most recent reply

Wholesale Contract Help! (please)
Hello BP family I recently signed a contract with a private investor which consisted of me finding off market properties. As well as the owner to see if they'd like to sell. He told me he wants mainly pre-foreclosures and I'll be getting 10k each home.
Now here is where the problem lies he say I have to wait 6-12 months to get paid! I've never heard of a wholesaler or bird-dog getting paid so late. Is this normal and worth wild or am I being ripped off for my services?
All help is greatly appreciated, Thank You.
Most Popular Reply

Sounds to me like this guy is saying "Hello, SUCKER".
I wouldn't do it for him unless I was getting paid at closing time.