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Updated almost 5 years ago on . Most recent reply
Lender is not wanting to lend the full amount to the buyer
I'm a wholesaler and i have a contract for $110,000 with the seller. I assign it for $30,000 now the buyer is coming back to me and saying the lender will only be able to lend at $125,000 cutting my $30,000 deal. SHould i agree and cut my losses or re structure the deal that he will owe me on the backend of the sale?
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Take your profits and move on. This virus is changing things rapidly.