Wholesaling Newbie Here

[Andrew Earle]

I was the winning bidder for a property at auction recently. The property is located in Gorham Maine which is a desirable town in my area. I could keep it, rehab it and refi or flip it but I have 6 other projects I’m managing currently. I’ve never wholesaled a property but I would like to wholesale this one. Not really sure where to go from here. I was thinking of advertising it on Craigslist to kind of pre-sell it before I actually close on it in about a month but if I get someone that is interested, do I sell the contract? If so, how? Or do I line up a double closing? And how does a double closing actually work?