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All Forum Posts by: Juan Santiago

Juan Santiago has started 3 posts and replied 3 times.

Post: Double Closing PAS contracts in Indiana

Juan SantiagoPosted
  • Posts 3
  • Votes 0

Is anyone here a wholesaler in Indiana? When I do a double closing, do I use a normal purchase and sale agreement for the seller and buyer?  (Parties A and C ) Or does one of the contracts have to have different terms?

Is it considered false advertising as a wholesaler to tell people that "we buy houses" I buy houses" etc...? Is it false advertising to put it on marketing materials? Is it false advertising to use it as a website name, business name etc...?

I know everyone is doing it, but as a wholesaler I'm not actually buying houses. 

I'm new to wholesaling, still in the learning process. I'm confused about what types of properties can not be used for a wholesale deal

I read in a book to only look for FSBO's, and not to look for bank owned properties. But what is a bank owned property? Is it someone that bought a house with a loan from the bank? Can I wholesale a property is someone still owes for the loan? I would really appreciate the help with these questions. Thank you.