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Updated about 15 years ago,

User Stats

40
Posts
6
Votes
Andrew Urban
  • Real Estate Agent
  • Saunderstown, RI
6
Votes |
40
Posts

First time wholesaler questions

Andrew Urban
  • Real Estate Agent
  • Saunderstown, RI
Posted

Hello everyone,
I would like to document my journey on here with my first wholesale and would appreciate any help. I have a serious buyer looking for 3 family units in my area which is Providence, RI. I took the advice of others and located some buyers before finding a house, which I have been trying to do at the same time as well. This buyer is a cash buyer and is asking if I have a property list and where the properties are located. What should I tell this buyer until I find some properties for him? What type of questions should I have asked him? Also with thinking ahead what type of contract do I write up between me and the seller and me and the buyer. Do we need to have a real estate agent involved or will a real estate lawyer work? Thanks for all the help guys and I'll be sure to write out this whole experience for other to learn from :)

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