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Wholesaling
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Updated about 9 years ago on . Most recent reply

User Stats

74
Posts
15
Votes
Josselyne Lugo
  • Wholesaler
  • saginaw, MI
15
Votes |
74
Posts

WHOLESALER PAID BEFORE CLOSING?!

Josselyne Lugo
  • Wholesaler
  • saginaw, MI
Posted

Hello BP!

I recently went to my local REIA and our guest speaker (who happens to be a known whoelsaler, I will not mention name) said that you can get paid as a wholesaler at the moment you assign your contract without having to wait for closing. This was the first time I hear this. I just wanted to know if anyone has ever done this before?

Thanks!

Most Popular Reply

Account Closed
  • Investor
  • Madison, WI
35
Votes |
51
Posts
Account Closed
  • Investor
  • Madison, WI
Replied

Some buyers actually use cash not hard money, it just all depends on the situation and the relationship with the buyer. It's possible. 

You'll get a lot of negativity when asking about wholesaling on BP 95% of the time, don't know why and don't care, better off Pm'img a wholesaler on her to be honest. You don't want any negativity when wholesaling, positive vibes only.

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