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Updated over 9 years ago,
Wholesale to a primary resident with a bank loan.
We have a property under contract and we are marketing it to buyers. We have a interested buyer who plans to live in the house and get a conventional mortgage from a bank. As a wholesale deal for us, is it possible to do a double close with the end buyer having leverage instead of being a cash buyer? All our wholesale deals have consisted of cash buyers so this would be the first time for us. I am curious if anyone has been in this situation before.