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Updated about 6 years ago on .

Yash Ranadive's profile image
Yash Ranadive's profile image
Yash Ranadive
  • Rental Property Investor
  • from San Francisco, CA
  • Member since Jul 26, 2018
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User Stats

19
Posts
2
Votes
Yash Ranadive's profile image
Yash Ranadive's profile image
Yash Ranadive
  • Rental Property Investor
  • from San Francisco, CA
  • Member since Jul 26, 2018
Connect
Yash Ranadive
  • Rental Property Investor
  • San Francisco, CA
2
Votes |
19
Posts
Buying & Selling Real Estate

Need Help - Wholesale property with Leaseback

Yash Ranadive
  • Rental Property Investor
  • San Francisco, CA
Posted

I just paid the token 5K amount for a property in Dallas to a well known wholesaler in the area after a silent bid. The wholesaler is telling that the closing will happen in 1 month and the seller needs to have 1 week of leaseback. 

Are there any potential risks such as squatting when I do a leaseback? What are the documents I need to have to make sure I'm reducing risk?

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