All Forum Posts by: Ryan Marrs

@Shawn Ackerman Thanks, Shawn for the in depth post about a situation like this. It is greatly appreciated.

@Jeff Wallenius Gotcha, Thank you for clarifying!

@Jeff Wallenius Thanks for your quick response. I'm still a little confused about how the payments are received. I understand that the wholesaler and the seller receive payments based on the negotiated prices as you stated above, but who disperses the final amounts. Is the Title company involved with that?

Hello all, 

I'm just getting started out with Real Estate Investing. I have a question about how transactions work for wholesaling. I understand the process up until putting the house under contract and assigning contracts, but when you find the buyer how do the two party's (Me and the seller) receive their payments. Are there two checks written or is there just one check written? If there is just one check, how are the payments separated so everyone receives their payments. 

Let me know if there needs to be more clarification.

Thank you