Do' s and Dont's
As the title states, what are some do's and dont's of wholesaling? I'm quite interested in wholesaling and have been doing a lot of research on my own, but there are a few things that I feel like are being left out when reading articles, but not really sure what.
I also have some questions of my own:
1. Once I get a house under contract, whats next? Do I talk to a title company? When does the transfer of the title begin? (Besides having a buyer lined up).
2. If I cant find a buyer for the contract, am I the one liable to buy the house? (It seems obvious to me the answer might be yes?)
3. As a wholesaler, will I have to spend money? (From some of the articles I've been reading, some say yes but don't make it clear on what).
If you take the time to read and respond, your comments are much appreciated, and a thousand thanks!