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Updated 5 months ago on .

User Stats

17
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1
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Ahmed Hafez
1
Votes |
17
Posts

Closing Wholesale deals

Ahmed Hafez
Posted

I have some experience buy and hold rental properties, and now I want to do flips, I need investors and I have some that have shown interest, in addition to speaking to private lenders that are willing to fund 70% of the LTV (based on the desired property)
I'm seeing a lot of deals from wholesalers, but the problem is, some of them close in 2 weeks and some as long as a month, and they don't take conditional offers, and the good ones fly off the shelf really quick.
My question is, how does someone like me close one of those deals within this short period, how do you arrange the equity and financing with little to no inspections sometimes even.
I'd like to know how do I prepare myself to be able to close one of these good deals right away when they are offered to me and many others?

Thank you in advance!