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Updated almost 8 years ago on . Most recent reply
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Multiple Properties from 1 Owner
Hello I am just getting started in wholesaling. I sent out my letters in early April and last week an older motivated seller calls and says she has not 1 but 4 Properties!! I am so excited! She wants to get rid of them like yesterday. 3 - 2 flats and 1 6 Unit building all for 1 price low price. Can anyone help to structure this deal? Am I to do 4 different contracts that may total her asking price? 1 property is vacant, 2 fully occupied and the 6 flat is partially occupied. I have viewed each property. Any suggestions would be helpful. Thank you in advance
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I had similar situations happen and I was told by my escrow officer each property on a separate purchase agreement. Better to break down each deal separately anyways in my opinion. Good luck to you on it and call title/escrow officer you use in your area and ask if you can put it all on one contract. Just have a buyer who wants all properties though. Good luck to you