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Wholesaling

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Clay Turner
  • South Hill, VA
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Financing for a wholesale deal

Clay Turner
  • South Hill, VA
Posted Jul 19 2016, 06:03
I've got a property under contract and had my buyers financing fall through due to it being an assignment contract. My past deals have been on properties that I actually owned so financing was not a problem. I have another buyer ready to sign but they need bank financing. I don't have a big list of cash buyers. My question is do banks offer financing on wholesale deals? Would a double closing solve this issue? Thanks for any help.

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