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Updated over 6 years ago,

User Stats

17
Posts
4
Votes
Matt Brun
  • Investor
  • Dayton, OH
4
Votes |
17
Posts

Wholesaling properties with Seller Financing without a contract

Matt Brun
  • Investor
  • Dayton, OH
Posted

Hey Dayton Investors. I have a question about what I can and can't do to help another investor out. A friend of ours is selling off his entire Dayton portfolio of SFH, Multis, and Commercial property to take up residence permanently in Florida with his sick wife. He's asked my wife and I to help them sell off the property to investors and get it done as quick as possible. Our informal arrangement is that when we bring him the buyer, at closing he gives us a flat fee, regardless of the purchase price. We've done 1 so far with a buyer we know locally, however I'm not sure how to legally move all these properties in an efficient manner. As I understand it, we are not allowed to market these properties to strangers publicly (Craigslist, BP Marketplace, etc.) If my small pool of buyers doesn't buy them, how do I get them to people I don't already know? Thanks.

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