Questions regarding Wholesaling

[Daisy Ferreiras]

Once you've signed the purchase agreement and assignment contract and sent the documents to the title company, what are the next steps to follow? I'm new to the learning process and want to make sure I am not missing anything. Thanks!

[Melanie Hartmann]

Also, if it works out, see if the seller is open to or able to do owner financing or allow you to purchase the property subject to their existing mortgage. Done correctly, this can save you a lot in interest payments and origination fees because you'll be able to avoid opening a new loan. I have not done a deal this way yet but hope to soon within the next year or so. I'm still learning myself. Great to ask questions before getting started!