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Updated over 1 year ago,

User Stats

23
Posts
8
Votes
Pouyan G.
  • Los Angeles, CA
8
Votes |
23
Posts

First wholesale purchase - what's needed?

Pouyan G.
  • Los Angeles, CA
Posted

I've identified a deal for a property that is coming from a wholesaler.  The property is in a different state than i reside (ive done a video tour facilitated by wholesaler).  If I make a cash offer and it gets accepted what's needed going forward?  At this point I would get an inspector but I'm not sure how or who would draft a purchase agreement with an inspection contingency.   How would I facilitate a title search or make sure the escrow company is legit?  I've heard wholesale deals don't generally involve realtors so I wanted to see what the pros generally do or see most often in these cases. 

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