Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago on . Most recent reply

User Stats

24
Posts
3
Votes
Andy Morris
  • Santa Monica, CA
3
Votes |
24
Posts

Length of Time on Wholesale Contract

Andy Morris
  • Santa Monica, CA
Posted

How much time is a wholesaler allowed to find a buyer? How long is the home in contract? Thank you all so much. 

Most Popular Reply

User Stats

362
Posts
184
Votes
Marcus Maloney
  • Wholesaler
  • Queen Creek, AZ
184
Votes |
362
Posts
Marcus Maloney
  • Wholesaler
  • Queen Creek, AZ
Replied

@Andy Morris all contract terms are negotiable. A standard 30 day term is suitable. However I had a property under contract for nearly a year because the seller could not sell due to honoring a lease agreement.  We agreed to a much longer than normal IP (inspection period) and COE (close of escrow). We were able to close the transaction a year later.

Loading replies...