Updated about 1 year ago on . Most recent reply
Rick AlbertPoster
#2 House Hacking Contributor
#2 House Hacking Contributor
- Real Estate Agent
- Los Angeles, CA
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How to Vet Wholesalers
Rick AlbertPoster#2 House Hacking Contributor
#2 House Hacking Contributor
- Real Estate Agent
- Los Angeles, CA
I've been in real estate for a long time but historically used Realtors and of course there is direct to Seller.
I see wholesale deals come across all the time but how can you vet them? The last thing I would want is to wire money and it ends up being a scam.
Could I require to use my choice of closing attorneys? Could there be any other requirements as a form of protections? Especially because most of the wholesalers I speak with want properties non-contingent, adding another layer of risk.
Thank you in advanced.