Wholesaling
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 6 years ago, 12/21/2018
CL wholesale house comedy... these people are so bent
So a CL ad goes up(actually like 4, which is low)... obvious wholesaler... I start emailing... I get responses from several different people... it was on xome and is now "pending" guy emails me back and goes yeah it is tenant occupied etc... are you ready to buy? I said I would love to look at it when vacant and ready to go... I dont understand why wholesalers do this garbage..
He says oh... issue is my investor has the purchase assignment. and for 15k EMD he will assign it to you, and then you can evict or cash for keys... but you cant see the inside..
in California... I am gonna buy a property in some stage of pre or full foreclosure, with the owners still in it...? what a joke... I said dude, your guy has an ASSIGNABLE purchase agreement... with the bank...? he says no, he just bought it on xome and it is in escrow (which means his offer is actually just in review with the bank) but he can assign his xome win... wtf