Updated over 7 years ago on . Most recent reply
Wholesaling a Deal Help!!
I have a 3 family deal under contract.
The buyer, who is a seasoned investor, wants to purchase the property with Bank Financing.
Based on my understanding, in order for us to close, the bank will pay the seller $XXX,XXX and the seller will then need to cut us a check.
If this were a standard cash deal, the attorneys could cut us a check for the difference.
Has anyone else run into this before?