What are some good techniques and strategies to use to Wholesale a package of cash-flowing rentals? I have a portfolio under contract that I intended to buy but since plans changed, I’d like to wholesale it instead of letting it go.
Thanks in advance for any help!
If you do not intend on purchasing the properties, you need to let the seller know asap, otherwise you could have some serious legal issues on your hand. If the Seller wants to give you the time to try to assign the contract to a different Buyer, then you can try positing info about the deal.
The sellers are investors themselves and understands wholesaling. They have expressed that they are fine with me assigning the contract to another investor within the time remaining per the agreement.