Wholesaling off market homes

[Elijah O.]

Hello everyone I want to know how to wholesale an off market deal and is there any difference between wholesaling off market houses and a normal house.

[Larry Turowski]

Originally posted by @Elijah O.:

Hello everyone I want to know how to wholesale an off market deal and is there any difference between wholesaling off market houses and a normal house.

First, make sure what you are doing is legal in your state.  Be totally up honest with the seller.  It is simply not fair to them to tie up the property, make them think they've sold it, and then back out later.  Really, you should have your buyer lined up before the property.  The best wholesalers in my area have a list of no-nonsense buyers, what types of properties they like to buy and price points they like to buy at, so when they find a deal they know exactly who the buyer is, and know that they will close.