Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Alex Ross

Alex Ross has started 3 posts and replied 4 times.

Post: Question about the wholesaling process

Alex RossPosted
  • Posts 6
  • Votes 12

hi Kristine, I've had this problem a lot of times when I was recently starting wholesale here's my list that I used when I was starting out is basically a go to Guide feel free to reach out to me if you need any more help or anything, but I've have everything basically organized with questions that I've asked and answers that I found so if you ever have anything, let me know. 

  1. Use a Cash Offer + Assignment Clause
    Submit your offer as “Cash” (no financing addendum needed), and include this in the contract:
    “Buyer may assign this contract without the prior written consent of Seller.”
    This keeps your offer clean and allows you to assign it to an end buyer later.
  2. Get a Proof of Funds Letter (From a Partner or Lender)
    Even if you don’t have cash yourself, you can use:
    • A hard money lender
    • A transactional funding company
    • A private investor partner
    • Online services offering “POF letters”
      This helps satisfy sellers or agents who require it.
  3. Use an Option Contract Instead
    If you can’t show POF or make a strong offer:
    • Sign an Option to Purchase agreement instead of a full purchase contract.
    • This gives you the right (not obligation) to buy during a set timeframe.
    • You can find a buyer during the option period and assign your option or do a double close.
  4. Increase Your Earnest Money Deposit
    To build seller trust without POF or financing:
    • Offer a higher earnest money deposit ($1,000–$2,500).
    • Include an inspection contingency or option period to protect yourself.
  5. Target Motivated Sellers (Not MLS Deals)
    • Direct-to-seller deals (FSBOs, distressed sellers, off-market properties) are often more flexible.
    • Avoid agents who demand traditional POF or financing — or work with investor-friendly agents who understand wholesaling.

How do you know if a property meets the criteria to be a successful deal, and once you find that property, how do you make sure your contracts and p&s agreements are all good to go with a title company?

Post: Zoom/ meeting set up for connections

Alex RossPosted
  • Posts 6
  • Votes 12

Hey all, I am writing this post for anyone who would be interested in setting up a time/location/zoom meeting for people to come together and cooperate on projects, questions, or anything they may need to, am open to ideas, feel free to reach out.

Hello Everyone,

My name is Alex Ross, a wholesaler based in Columbus, Ohio. I am seeking to connect with fellow wholesalers, investors, contractors, and anyone with potential business opportunities. While I bring extensive experience in wholesaling, I am constantly eager to expand my knowledge in real estate.

If you have any questions or would like to discuss potential collaborations, please feel free to reach out. I am always open to new conversations and opportunities.

Best regards, Alex