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Updated about 5 years ago,

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6
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Denise James
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6
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Wholesaling another wholesaler’s Deal

Denise James
Posted

Recently came across a deal for a property for 25k. The house is worth at least 85k. Found the deal on Craigslist but the ad said specifically NO WHOLESALERS. 

So what?! I called anyway and got the contract for 15k. Haven’t signed yet until inspection of property in a few days. 

I have responded to ads before from tbis particular wholesaler and he made it clear he doesn’t want to deal with other wholesalers in any way, shape or form. 

First of all, is this possible? I’ve never done this before but there’s money left on the table. Can I wholesale another wholesalers deal. In my experience it seems possible. Just sign a purchase agreement with the end cash buyer to fund all deals. I get the contract from the wholesaler and I will sign a purchase agreement with end buyer. Is that correct or am I missing something.

** jv is not an option. He’s stubborn and won’t budge

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