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Updated almost 11 years ago,
How do I draft the financing portion in LOI as a wholesaler??
I'm talking to a motivated seller of a 22 Unit apartment complex. I know that if you're making a cash offer in the LOI, you have to explain how it's going to be financed. As the wholesaler who's not going to be buying the property, does this mean that I have to already have an end buyer lined up who knows how they will be financing the deal?