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Updated about 15 years ago on . Most recent reply

User Stats

59
Posts
9
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Mikey Cas
  • Real Estate Investor
  • New York
9
Votes |
59
Posts

Frustrating wholesale deal!! need help

Mikey Cas
  • Real Estate Investor
  • New York
Posted

Hi everyone, I am working on a wholesale deal in my area in NY. It is in a great location and has tons of potential, I did the comps and everything. I want to go take a look at the property but the seller will not allow me unless I have proof of funds?? He is being very difficult and says he has dealt with a lot of people coming to see it that end up not closing. I tried explaining to him what I do(wholesaling), and that I have a list of buyers and investors with cash that can close immediately, and he just responded by saying "show me proof of funds". I want this to work and I dont want to annoy this guy where he ends up not answering my calls lol. What should I do? I don't think he has any patience from phone convos and I dont think he grasps the concept of wholesaling so this is a tough one. Thanks guys.

Most Popular Reply

User Stats

388
Posts
138
Votes
Ali Samana
  • Real Estate Investor
  • Frisco, TX, TX
138
Votes |
388
Posts
Ali Samana
  • Real Estate Investor
  • Frisco, TX, TX
Replied

Hi Mikey,

If I was getting that response that would tell me to go find a different deal. If the seller is not cooperating right now, he will not cooperate as the deal progresses. You don't want to start this one, put time into it and then have it fall through because he is not cooperating.

If he is this stern, he is not yet ready to sell.

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