Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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 about 7 years ago,

User Stats

99
Posts
42
Votes
Natalie Allen
  • Investor
  • New Albany, IN
42
Votes |
99
Posts

Seeking Advice: Trying to wholesale my first deal but lost buyer

Natalie Allen
  • Investor
  • New Albany, IN
Posted

I'm still new and am starting to worry about my first house I have under contract.  I had planned to wholesale the property to another investor but he got two other accepted offers before I got this under contract and is now saying he does not have the cash for all three.  Now I'm starting to panic because I don't have a large list of cash buyers yet.  I just upgraded to pro so I can post on the marketplace but it's taking a while for my post to show up.  I'm also signed up for a couple meet ups later this month but they are after the closing date on this contract. 

The numbers seem to be ok but I'm not sure what to do now.  I'm 13 days away from the closing date that was in our original purchase agreement.  What should I do?  Drop the price? Try to back out of the contract?  I am lost right now, please help.  

Loading replies...