Wholesale Process Question

[Kevin Reinell]

Hey BP,

I had a few process questions about wholesaling. I am wondering once you have property under contract at a discount from the seller, how long do you have usually to then turn around and find your cash buyer to assign the contract to? Is it usually whatever the inspection period is? If so, what happens if I can’t find a cash buyer within the inspection period? Would you just extend the period or cancel the contract? How long typically is the inspection period that wholesalers use? Are wholesalers typically transparent with seller that they plan to assign the contract to another buyer?

Sorry for all of the questions at once, just wanted to clarify how it unfolds after getting contract with seller. Appreciate any of the insight into this! Thanks!