Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 almost 10 years ago on . Most recent reply

User Stats

30
Posts
8
Votes
GL L.
  • Investor
  • TX
8
Votes |
30
Posts

How To Prevent Wholesale buyer or Hard Money Lender From "stealing" your Deal

GL L.
  • Investor
  • TX
Posted

I am having to  show Wholesale property to potential buyer or hard money lender, without having contract with seller.  How do I prevent this person getting sellers name and phone # and doing their own deal?    Thanks for the help.

Most Popular Reply

User Stats

99
Posts
42
Votes
Vee K.
  • Rental Property Investor
  • Denver, CO
42
Votes |
99
Posts
Vee K.
  • Rental Property Investor
  • Denver, CO
Replied

@GL L.: You don't have a wholesale deal to show to anyone unless you have it under contract. Without a contract, you only have a good lead. And a lead no matter how good, is worthless. Anyone who is unethical can steal that from you the moment you show that info.

You might want to tie up the transaction with a contract first before you make any move trying to sell it.

VK.

Loading replies...