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Updated over 8 years ago, 07/27/2016

Account Closed
  • Belleville, NJ
33
Votes |
88
Posts

Has Anyone Wholesaled an MLS property or REO?

Account Closed
  • Belleville, NJ
Posted

Hello everyone I just wanted to know if anyone here, in New Jersey preferably, has done a wholesale deal from the MLS or wholesaled and REO property. I am currently making offers on properties and just wanted to know, because I know people are doing it, I just wanted to know in further detail the steps that are involved. Some things I want to know are simply what contract do you use, a state realtor contract or your own contract, and also I know that these properties most likely are not assignable so I would have to do a double close in which I can use transactional funding. Do not mean to be rude but I know people are doing this, so please I do not need theory as to why it can't be done, I just want to hear from people who do it. Like I say, just because you haven't done it does not mean it can't be done. Thanks in advance.