Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 10 years ago on . Most recent reply
Backing out of a deal.....
I have an opportunity on a house (first REI opportunity for me) and have been advised by some folks to just "go get it under contract, then take it to the BP Marketplace."
Clearly risk there.
What are the ramifications/costs of not being able to sell it and needing to back out of the deal?
First timer......
Thanks to everyone at BP!
Most Popular Reply
James Wise
#5 All Forums Contributor
#5 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
- 19,292
- Votes |
- 28,278
- Posts
James Wise#5 All Forums Contributor
#5 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
If you don't have the ability to close the deal on your own you should not be putting it under contract.