flipper buying homes through a wholesaler
with finding the many ways i can find and finance my first flip i was curious on a wholesalers POV.
I was wondering if wholesalers do deals with flippers who dont have the payment in full CASH but get a loan via a mortgage?
Thanks,
Anthony G
Most Popular Reply
No, key to wholesaling is buying Cash. Too slow to close, might fall out of escrow, etc. Plus many times the property being wholesaled wouldn't qualify for a mortgage anyway. Cash is king!