Property under contract and tenant won’t allow showing

[Jacob Kline]

I’ve got a property under contract, it’s a preforeclosure and I’m trying to wholesale it. This will be my first wholesale deal.

The owner lives out of state and his daughter is living in the property (I’m assuming rent free). The owner has put me in contact with his daughter to walkthrough and show it to buyers. I’ve done my walkthrough and had an inspector go to the property as well.

Now it seems that she is playing games with me and not responding to my messages until it’s past the time I asked to bring a buyer. I might add, I have about 6 interested buyers who want to “put in an offer”- so it will be a few showings, or at least until one of the buyers takes it.

In addition, the debt is going up every day due to daily interest- so the longer the tenant is in the property, the more it’s going to cost my buyer. She has showed no signs of getting ready to move out even though I’ve told her she’s got 10-14 days to vacate.

How would you deal with this situation?

[Alex K.]

The only option you have is to Partner up with Mister Thedford for a 19.99% hard money loan to whole-tail the property or else you’re committing a felony and going to jail pal.