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Updated over 5 years ago on . Most recent reply

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Risks of Wholesaling ?

Posted

As a wholesaler what are the steps of getting a property under contract ? And what happens if you aren’t able to assign that contract to an investor ?

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John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
6,551
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John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
Replied
Originally posted by @Deforrest Ferguson:

@John Thedford what if you don’t have the money to buy the property yourself ? Should you not even attempt to wholesale a property if so ?

 that is a moral and ethical question only you can answer. Signing contracts with no ability to close is called FRAUD. Your call....

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