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Updated almost 15 years ago,
Wholesaing Scenario
I'm thinking about trying wholesaling for a change, but I have one quick scenario for you seasoned wholesalers out there:
You locate a good deal on a property and put it under contract. You start putting out bandit signs to get bites, and you start call people on your existing buyers list, but right now nobody wants that specific property. What now? Do you close on it yourself or forfeit the earnest money? Is this a rare scenario in wholesaling?