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Wholesaling
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Updated 6 days ago on . Most recent reply

User Stats

11
Posts
6
Votes
Gabriel Castro
  • Wholesaler
  • San Antonio, TX
6
Votes |
11
Posts

How to online Wholesaling

Gabriel Castro
  • Wholesaler
  • San Antonio, TX
Posted

Hello BP Community! I’m transitioning to online wholesaling because I don’t have reliable transportation for in-person deals. While I’ve researched the basics, I’m still confused about a few things. My partner mentioned that properties can be sold without physical inspections (as “blind” deals), but I’m unsure how this works practically. For example, how do investors evaluate a property they’ve never seen, and what disclosures or safeguards are needed to protect everyone involved? Additionally, I’m unclear about contract logistics: Can I sign the purchase agreement myself, or does my partner need to sign it? If we’re working together, should contracts be in his name, and how do we structure this legally? Lastly, I’d love advice on creating legally binding contracts remotely—what tools or clauses are essential for online wholesaling? From what I’ve learned, online wholesaling relies on virtual tools like title searches and tax records, but I want to ensure I’m managing risks properly, especially with “blind” deals. Any tips on partnership structures, contract templates, or best practices would be incredibly helpful! Thanks in advance for your insights!  

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