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Updated over 7 years ago,

User Stats

4
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0
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Oscar Simpson
  • Houston, TX
0
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4
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Deal with wholesaler went south - can I approach the seller?

Oscar Simpson
  • Houston, TX
Posted

I found a deal through a wholesaler for a 4-plex, but I wanted to use traditional financing to make it work. We kind of structured a deal where I would essentially hire him to put together a new contract with the seller under my name. Unfortunately, the deal fell through between me and the wholesaler, because he wanted his cash up front. We tried to work something out, but eventually he gave a hard "no" to the deal.

So the question is, is it super shady for me to now make an offer to the seller of the property?

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