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Updated over 1 year ago,
Wholesaling - Boots on the ground and what to do for buyer inspection
Hello,
I am about to start my journey with real estate wholesaling and I had a few questions regarding boots on the ground and what to do in case my potential buyer wants to inspect the property I am wholesaling physically.
My first question is regarding boots on the ground and for this I am planning to just have the homeowner take pictures of their home for me which I would send to my buyer for them to estimate repairs. If my buyer is in town (Seattle market) then I will give them the address to the home so they can inspect the property themselves after I have the home under contract. Is this practice acceptable for wholesaling?
My second question is if I run a risk of the buyer negotiating a better price with the seller once they know the address and visit the wholesale property I have under contract. I want to make sure my profits are protected and do not run the risk of being cut out of my deal, so what would be the best way to protect myself but serve my customers in this situation?
Thanks in advance