Wholesale Cash Buyer

[Jacob Hackett]

What Happens If I can’t find a cash buyer within the (X) day closing period? Do I have to close anyway and pay for the property? I’m sorta new to this so anything helps.

[Jim Pellerin]

You should have a list of cash buyers available before looking for properties. That way you know what to look for that meets their requirements. Alternatively, there are a lot of places you can go to list your project. Just do a search on "I buy houses fast" or something similar. If you can't find a buyer and don't want the property yourself, you need to walk away from the deal. You should always make sure there is some type of exit clause in your offer such as "subject to financing" or "subject to inspection".