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Updated over 9 years ago on . Most recent reply

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27
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2
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Modesta Lopez
  • Investor
  • Reading, PA
2
Votes |
27
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Has anyone ever had this wholesaling issue?

Modesta Lopez
  • Investor
  • Reading, PA
Posted

This question is for anyone who has ever wholesaled a property. Have you ever been in a situation where an investor pulled out of a contract when he/she saw how much you were making on the deal? What did you do?

Most Popular Reply

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2,188
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Wendell De Guzman
  • Investor
  • Chicago, IL
1,911
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2,188
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Wendell De Guzman
  • Investor
  • Chicago, IL
Replied

I've been on both sides of the transaction.

I once made over $28K wholesale fee on a deal. Buyer is OK with that because they're going to make over $60K profit.

I bought a house from a wholesaler once - he made over $16K profit on it. I am ok with that because I would make over $50K profit.

So, generally, real cash buyers should have no issues what the wholesaler is making provided the deal is a GOOD deal.

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