Wholesalers: When things Go Wrong for your End Investor

[Samantha M.]

Lets assume the wholesaler in this case did their due diligence, provided solid ARV comps and brought a contractor along thats investor friendly to produce estimated repair costs.

The wholesaler provided all the information possible, and believed in the property themselves and put it under contract. Not trying to mislead or be negligent by not doing their due diligence. However what happens when it goes bad for the for the end investor? If you call back in a few months and find out the investor incurred additional costs out of the ordinary, perhaps several leaks under slab or other hidden issues that the contractor didn't even pick up, and greatly reduced the profit margin or now the investor is now breaking even.

How would you try and maintain the relationship from there?

[Jake Kucheck]

I look for two things from a wholesaler:

1) Property address.
2) How much I can buy it for.

The rest is just noise.