Wholesaling - Buyer Inspection?

[Marc Melo Snr]

Hi folks,

I am interested to know how to deal with property inspections. I will give you the scenario:

1. I found the property and put it under contract
2. I'm now wholesaling this deal to a fix n' flip investor.
3. The investor wants to inspect the property before committing.

How do you deal with this situation?

The questions that come to my mind are:

• Wouldn't the seller be p* off or weary that now suddenly someone else is on the deal and wants to "BUY" the property?
• In the event of inspection, do I need to be present?
• Investor can try to cut a deal with the seller. Unethical, albeit a possibility!

Thanks a lot, Marc.

[Jason Hirko]

@Marc Melo Snr This wouldn't make you uneasy if you had been upfront with your seller - the most successful wholesalers are. You have put yourself in a bind by not telling the seller what you are up to. With that said, does the buyer want to just walk the property or get a full-blown inspection. If it is the latter, find a better buyer. If it is the former, that is standard -  any investor is going to want to walk the property.