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Updated almost 8 years ago on . Most recent reply

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Anna Jayne
  • West Hempstead, NY
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How to Submit Offer???

Anna Jayne
  • West Hempstead, NY
Posted

Okay so I wanted to put in an offer for a cash deal in my name ( I am a new investor I have no LLC or anything like that). This is a wholesale deal I am trying to make

The agent requires a proof of funds. Fine, I received one from my end buyers.

I don't know how to go about submitting the offer under my name to get it under contract myself, to avoid possibly being cut out of the deal since i am only the wholesaler.

I would hate to submit the offer with my end buyers name and then simply be cut out of the deal. 

Can anyone help me with a solution?

Most Popular Reply

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James Wise#5 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
19,206
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28,171
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James Wise#5 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Replied

Welcome to the site @Anna Jayne

You sound very new to the industry and are likely unknowingly brokering real estate without a license. Lots of misinformation out there about wholesaling. Guru's teach it, people write about it in forums, blogs and articles. Before getting involved with wholesaling I would read a few threads/blogs that will show you some different viewpoints and perhaps point you in another direction.

Good luck to you.

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