What does this mean when wholesaling to an end buyer w/ Financing?
Hey Guys, I've got a quick question... Well sort of.
I've always thought thought you could only wholesale to an end buyer purchasing with all cash. Well a RE Youtuber recently told me that you can in fact wholesale to an end buyer (possibly retail) with conventional financing. His answer to "How?" was " Release your equitable interest for a fee on the closing statement".
What exactly does this mean when wholesaling/ assigning contracts? Have any of y'all had experience with these sort of wholesale transactions?
Thanks in advance guys! I love what you guys do for newbies like me!
~John Elmenhe