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Updated over 5 years ago on . Most recent reply

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6
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Jahneeva Arnold
  • Atlanta, GA
1
Votes |
6
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Tax delinquent wholesale

Jahneeva Arnold
  • Atlanta, GA
Posted

Guys, I went and got my list of tax delinquent properties but I don’t understand how the process goes when buying getting it under contract with the seller. I know I tell the seller that I will handle paying back the taxes, but does that mean I up the price to the person buying the property from me ? How does it work when wholesaling with tax delinquent properties ?

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1,345
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2,113
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Tyler Gibson
  • Real Estate Agent
  • Orlando, FL
2,113
Votes |
1,345
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Tyler Gibson
  • Real Estate Agent
  • Orlando, FL
Replied

@Jahneeva Arnold The seller is not paying your fee the Cash buyer is. If a seller pays you based on the sale of a home you are now acting as a realtor and without a license are breaking the law. I think you need to do some more research before you start using this strategy. 

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GPG Team
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