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Updated almost 7 years ago on . Most recent reply

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Lena Claybon
  • Investor
  • LA, TX
46
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93
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Wholesaling a Portfolio

Lena Claybon
  • Investor
  • LA, TX
Posted

Hi BP Community,

I notice this question has been asked a couple of times before with no response but I'm hoping since then, new members have joined BP that may have experience in this area.  I have a seller who wants to sell his whole portfolio of rental properties (10) and he wants to sell them together instead of breaking them up.  I have buyers who are interested in that area but may only want to buy one or two houses each.  I think I can sell them all between all my buyers but not all to one of them.  How should I handle this?  Should I reveal to the seller that I'm a wholesaler and I have relationships with end buyers but need to sell each one separately or do I try to put them all under contract as I would a sf deal and just try to sell them to my end buyers before my 30-45 days are up?

Most Popular Reply

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9,365
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John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
6,553
Votes |
9,365
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John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
Replied

again we have posters pushing dishonesty garbage with the sellars promoting lying If you cannot find an end-use.  no wonder the world is full of so many cheats and Liars because it seems to be acceptable

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