Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

205
Posts
32
Votes
Abou C.
  • Wholesaler
  • Central Falls, Philadelphia
32
Votes |
205
Posts

How to close on wholesale deal?

Abou C.
  • Wholesaler
  • Central Falls, Philadelphia
Posted

Hello

In the process of closing on a wholesale deal, how do i close on the deal with the wholeseller.

1. How is money exchanged?, escrow or certified check?,lawyer?, cash?

2.  Do I involve  lawyer?

3. what are the things should I look into before signing contract or even officially buying?.

4. Should I run the deal by a title company?

 Sorry for the stupid question, just something that been bothering me. Only thing  I am only pulling up is how to be a "wholeseller" but how do I buy from a wholeseller fast yet cover my basis. I understand there are some risk, I am okay with that. But I am trying to put all my ducks in a row if makes sense before taken action. 

Most Popular Reply

User Stats

1,456
Posts
1,400
Votes
Anthony Thompson
  • Buy and Hold Investor
  • Cranston, RI
1,400
Votes |
1,456
Posts
Anthony Thompson
  • Buy and Hold Investor
  • Cranston, RI
Replied

@Account Closed

  • Anthony Thompson
  • Loading replies...