Putting property under contract if you are abroad

Putting property under contract if you are abroad

New to Real Estate · Stockholm, Sweden · Member since 2019 · 2 posts · 0 votes

Hey there! My name is Denis and I am currently in Sweden. Having a great experience in finding full of equity deals and analyzing them, I am looking forward to starting wholesale in the US market, using Prop Stream, Flipster and other softwares. I am a little bit worried about how to put the property under the contract with the seller, being abroad and then assign to an investor. 

Do I need to have a confidant in the US then? Or is it fine if we do it remotely. I would be very grateful if somebody can notify me about potential pitfalls in doing a wholesale business in the USA from abroad. Has anyone experienced that?

Another question: I assume it is a good idea to wholesale a property which has been put under the contract on Biggerpockets, isn't it?

Thank you for your support! 

Best regards,

Denis Yakovlevich

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