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Updated about 13 years ago,

User Stats

14
Posts
2
Votes
Travis Carpenter
  • Flipper/Rehabber
  • Dayton, OH
2
Votes |
14
Posts

Wholesaling Listed Properties...

Travis Carpenter
  • Flipper/Rehabber
  • Dayton, OH
Posted

Is it possible to wholesale listed properties with out "using" transactional funding and instead just using a proof of funds letter and once offer is accepted mail earnest money?

Here is the scenario. A few months back I made an offer on this probate, my intentions to assign to one of my buyers. The seller declined at the time and decided to list it. Today, the seller had the realtor contact me to see if I am still interested in purchasing it. How do I go about wholesaling this property. They are willing to take what I originally offered, but now the realtor is involved.

Is a possible way of doing this using my purchase contract used in my regular wholesale transactions to tie up the property?

Or have language/ stipulations added in the contract?

Anyone who has done this without using transactional funding and double closing please help me!!

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