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Updated almost 14 years ago on . Most recent reply

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Bryan P.
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End Buyers...

Bryan P.
Posted

I've talked with a wholesaler recently and he says he does alot of work with Rent-to-Own end buyers. When the end buyer is renting to own, how does the wholesaler acquire his profit?

Who owns the house in this case? Who's the end buyer renting to own to? Where does the wholesaler stand in the process?

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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
Replied

You're probably rubbing elbows with a shister, get takes money as a down payment and rents to people who can't refinance the deal. Great way to get into trouble now, more than ever.

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