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Updated over 10 years ago on . Most recent reply

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17
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1
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Damian Johnson
  • Cedar Hill, TX
1
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17
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Double Wholesale?

Damian Johnson
  • Cedar Hill, TX
Posted

If I come across someone that has a property that is already wholesaling the property (i.e. looking for a cash buyer) I can’t wholesale that can I? Like, would that be like double wholesaling because that person’s fee is already added in so you would be looking at 2 assignment fees correct? I talked to a guy today that had a property that was a wholesaler that said that you could do that. Is this true?

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5
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3
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Dean Dang
  • Orange County, CA
3
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5
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Dean Dang
  • Orange County, CA
Replied

Hello. I was just wondering how many ways this can be structured. What contracts would the 2nd wholesaler get on contract to? Would this be paid at the closing table? And by who? 

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