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Wholesaler reliability
I have a question for people who have more experience with wholesaling than I do. I have several buy-fix-hold-for-rent properties, but all purchased through the regular process. I am now following a wholesaler's mailing list and occasionally see properties that I would be interested in. However, I dislike the idea of handing over a check on the spot. I mean, I am not in the habit of giving my money to a guy from the street. :)
Question: can anyone recommend a way of checking out the wholesaler's background? Should the check be deposited to an escrow account, and what are the technicalities of doing that.
Thank you.
Yuri