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All Forum Posts by: Cristopher Cristia

Cristopher Cristia has started 1 posts and replied 2 times.

So, I come visit the home, and let the seller know that I am an investor that wants to put the house under contract for say $80,000 with the intention of selling that contract to a buyer for a higher price.

Why doent the seller go list the house in the MLS or for sale by owner for $80,000?

If the seller does this, it could cause an issue with the buyer who I am trying to sell the contract to for say $85,000 - Right?

I don't get how this part works? 

Hello guys. I am new to this idea of wholesaling and trying to understand it. I am confused about the initial sales pitch to a seller. 

1) Are you approaching the seller as an investor letting them know that you will market the property to someone else? 

2) Don't you need to put down escrow money to show the seller you are serous? 

3) Why doesn't the buyer just look up the property address on the contract, then contact the seller directly cutting you out and saving himself some money?