wholesale with realtor?

[Cesar Garcia]

well i have a property under contract for 100k, the property is worth between 130k-150k, this property does nor need any repairs and my first thought was to assign to someone for 10k, but my question is, if I already have it under contract,can i work with a realtor so he can find a retail buyer?,can something like this be structured, and how would it work?

Thanks.

[Terry Maher]

Cesar,

Generally speaking when you as a wholesaler get a property under contract the contract with the seller is usually no longer than 15 business days, depending on what you cannegotiate. So a realtor would really not be useful since it's highly unlikely that he/she would find a retail buyer that quickly, and your property would eventually fall out of contract. Besides, you want cash buyers who can a) close and b) close quickly. That typically does not describe a retail buyer. You are better off marketing it to other investors, pitching it at REIA's. Craigslist, etc.