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Updated over 9 years ago on . Most recent reply

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19
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Christian Martinez
  • Houston, TX
3
Votes |
19
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Wholesale help needed

Christian Martinez
  • Houston, TX
Posted
So I'm pretty much new to this and I have one question. If I find a good deal and already have somebody willing to buy right away, do I have to pay anything, or does the buyer pay it all off? Note: I'm clueless, as I have never bought a home myself.

Most Popular Reply

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270
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Elliot Smith
  • Investor
  • Vancouver, WA
111
Votes |
270
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Elliot Smith
  • Investor
  • Vancouver, WA
Replied

You will need to first get the property under contract. Then you will send that contract to a title company. Then assign that contract to the end buy with your assignment fee tacked on. Then you help facilitate the closing between the two partys.

I would read as much as you can on this subject. 

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