Wholesaling
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Updated over 4 years ago,
How to Wholesaling land
I got a lead from a postcard I sent out through the dealmachine app on a property, but instead the seller contacted me about a lot she had. It looks like you can put a double / shotgun home in place. She’s asking for$13,500, and of course I’ll talk her down to make a little profit for myself. The issue I’m having is with contracting the lot.
1. Do I lock it up on the contract the same way I would for a home?
2. Once I get the lot on contract do I immediately bring it to title? Or wait until I find an end buyer?