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Updated about 10 years ago on . Most recent reply

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13
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2
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Nick Brower
  • Farmers Insurance Agent
  • Loveland, CO
2
Votes |
13
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Wholesaling Question

Nick Brower
  • Farmers Insurance Agent
  • Loveland, CO
Posted

Hi everybody,

I just had some questions that may sound rhetorical involving wholesaling. 

Say I found a home and its foreclosed and I feel the asking price, or deal is good enough where a buyer may be interested, what are the next steps should I take in advancing too potentially closing the deal or not closing it?

Thank you!

Most Popular Reply

User Stats

139
Posts
59
Votes
Ryan Kopczyk
  • Title Agent Investor Friendly
  • Maitland, FL
59
Votes |
139
Posts
Ryan Kopczyk
  • Title Agent Investor Friendly
  • Maitland, FL
Replied

@Nick Brower- @Christian Marin is dead on. I am with an investor friendly title company in the Orlando area and work with lots of investors. We do the double closings where in most cases can use your end buyers funds to fund the entire deal as long as it's not a short sale and your end buyer is using cash or hard money. Buying HUD homes is a good route to take. No restrictions so you can double close them. We are in different states so we wouldn't be aable to work with each other but if you need any help or have any questions feel free to call or email me anytime.

Thanks,

  • Ryan Kopczyk
  • Loading replies...