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Updated almost 6 years ago,

User Stats

297
Posts
46
Votes
Ben M.
  • Houston, TX
46
Votes |
297
Posts

Wholesaler and inspection contingency

Ben M.
  • Houston, TX
Posted

I am working on purchasing my first rental investment property and lost quite a bit of money (deposit money) after terminating my contract with a  wholesaler. They are a major wholesaler with almost perfect review so I thought I could trust their repair estimates but after going back and forth with a contractor the repair was 20k over the wholesaler's estimate. After this experience I am really wanting to have an inspection contingency before putting a property on contract.

Has anyone worked with a wholesaler (especially in Houston) that actually allowed an inspection contingency?

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