Buying a rental property for wholesaling through a realtor

[Doug Haisten]

I have found a couple of properties on Zillow and Realtor whose numbers look good for rentals that I want to make an offer on these houses are of course these houses are listed with realtors. I don't want these houses for myself but to wholesale. I don't have a ready buyer. How would I write my offer?

Doug

[Joe Villeneuve]

You don't.  If you're not buying them yourself, and you have nobody else ready to buy them for you, what exactly are you offering to do?  What you're asking is, "how do I tie up a property that is for sale, so nobody else can buy it, for a predetermined period of time (probably longer than 30 days...since you have no buyer).  I also assume, if you don't end up buying, or finding a buyer, you'll want your earnest money back too?

Put yourself in the position of the seller.