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Updated over 5 years ago,
Wholesaling a duplex (New Investors)
(New Investor) Hello, I’m meeting with an individual who would like to sell his 4 unit duplex and is currently living in one of the unit.
The individual would like to workout a contract to where he gets to stay in one of the units. And rent after the sale .
We are meeting to discuss a path to move forward. I am wholesaling the property and would like to know do I get the 3 unit under contract and sell that way or would it be better to workout an agreement and find an investor who is willing to buy all 4 unit with a tenet currently occupying one unit.
Would that be disclosed in the purchase agreement or in a later contract with the investor or both.