Updated over 5 years ago on . Most recent reply
Getting renters out of of your wholesale deals....
Great dea(s)lBUT....there are tenants in there and my end buyer doesn't want to close until they are out...CA law....that could be 60 days....yikes.
Run across this pretty much EVERY DAY in my wholesale business. Sometimes we find a buyer that just takes it w the tenants but MOST won't deal with it and they are hesitant to make an offer. Once I tried offering cash for keys and the sellers gave me a ridiculous number. Whole deal crashed because now we have to wait 60 days for them to be out according to CA law since they were month to month. If they are on a lease....even worse.
What's been your experience and how do you deal with tenants on your wholesale deals that are going to flippers that need them out and the home vacant..? Thanks...