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Updated almost 4 years ago on . Most recent reply

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Tanner Peabody
5
Votes |
7
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Wholesaling Multiple Properties with Realtor

Tanner Peabody
Posted

I have a current scenario where I was looking to purchase a few single family homes and a 12 unit apartment with 4 commercial units. After viewing all of the properties, my realtor told me that all of these properties were owned by the same seller. The seller is also looking to offload these fast because of a family sickness.

At this point in time, I am not 100% comfortable purchasing all the properties myself, but know some people who possibly would. 

My question is since the homes are listed separately and with a realtor, is there a way to structure a wholesale deal where the seller gets his asking price, realtor makes her commission, I get my contract assignment fee, and the buyer gets a good deal?

I only understand the "off-market" side of wholesaling, so my biggest concern is how the contract would look and work with the sellers agent involved.

Any and all advise is appreciated, thanks! 

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