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Wholesaling
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Updated almost 7 years ago on . Most recent reply

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Ayodeji Kuponiyi
  • Investor
  • King of Prussia, PA
338
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1,748
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Needs Keys to Wholesale??

Ayodeji Kuponiyi
  • Investor
  • King of Prussia, PA
Posted
I’m meeting with a seller tomorrow to sign my agreement. I plan to wholesale the property and told her to bring a spare key ( I explained it was so I can have my contractor give me estimates on repairs & such) to which she replied being him with you tomorrow. Will this break the deal? How can I wholesale the house if I don’t have access inside?

Most Popular Reply

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Jason Hirko
  • Lender
  • San Antonio, TX
1,511
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1,730
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Jason Hirko
  • Lender
  • San Antonio, TX
Replied

@Ayodeji Kuponiyi The problem isn't that you need access in order to assign your contract, the problem is that you are being dishonest with the seller. This is what gives wholesalers a bad reputation. Tell the seller you have no intention of closing on the property yourself, and you will be bringing in investors to try to assign the contract to, and if she still goes forward with the contract, you will have no problems getting access when you need it. 

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