Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago,

User Stats

4
Posts
1
Votes
Steve De Coen
1
Votes |
4
Posts

advantage edge in wholesaling

Steve De Coen
Posted

As I am new in your market I’m searching for an competitive edge .

Obviously my preferred way to do business in with an assignment of contract, but as I’m new and you cannot vouch yet for my professionalism or reliability I want to setup a construction where the seller can call the title company to be assured that the deal will go true.

My question :

Is it possible to put x amount for example 200 000 $ on an escrow account at the title company which will serve as a guarantee for the seller?
In case I find a assignee, this money will not be touched and will be used to assure the seller from the next deal.

In case I don’t find a assignee, this money will be used to close the deal, in this case the assignment contract need to be converted to a Sale agreement .
So I will do a double close once I found the buyer.

Is the above construction possible?

What are great sources these days to find buyers?

Loading replies...