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Updated over 8 years ago,

User Stats

72
Posts
10
Votes
Riley Hinshaw
  • Flipper/Rehabber
  • Highland, CA
10
Votes |
72
Posts

SERIOUS HELP NEEDED FROM PROS! selling 181 units

Riley Hinshaw
  • Flipper/Rehabber
  • Highland, CA
Posted

okay ill try to make this as brief and to the point as possible. Ive set up  what seems to be the most perfect deal ever! I was contacted by someone (an agent) who was wondering if i knew anyone who would be interested in buying a 181 unit building for $6.8M but said $6.6M could close the deal. the numbers on the deal and on rental income are fantastic. I only know one person i knew for sure would buy a deal of this kind. The man himself, Grant Cardone, im sure most of you know who that is, me and him have talked before as well as message each other, he is my biggest role model and says i inspire him since im in real estate investing at such a young age, he always is quick to reply to any message. Being a master in real estate investing, i sent him the deal and he said the deal looks great and would be interested if the  trailing 12 numbers matched and it really is as good of a deal as it seems, so all he requested from me is to send him the address and name of building. I marketed the deal for $6.9M which would put $100k in my pocket. The problem is, in able to get grant cardone this information, the agent requested that both me and grant fill out a confidentiality and non circumvent agreement and send it back to him . My question is, will i be able to even get any money off this deal since im not licensed as an agent, im just a wholesaler, also will this deal fall through and will i be avoided if we both fill out the agreement? should only i fill out the agreement since grant only needs me to send him the name of the building and address? what are things i should look out for ? i would really appreciate any advice!! this deal would mean the world to me! let me know what i should do!

thanks a lot!

Riley 

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