Wholesaling with an out of state partner

[Stephanie Foret]

Hello BP community,
I am just gaining momentum in my wholesaling endeavors :-D and here is the background info on my question.

In a group on LinkedIn someone posted that they has access to cash buyers all over the US and are looking for someone to partner with on deals. I don't have a buyers list as I am just starting out so I sent him an email. He responded back saying that maybe there was a way we could work together to make money and asking how we were to ensure he would get paid. He is located several hundred miles away from me.

How should one proceed with this? Is there ways to ensure both parties get their agreed upon percentage?

Thanks for your time and responses.

[Josh Farrer]

This sounds complicated to me. Of you have a real deal, you will find a buyer. It sounds to me like he wants a piece of the action to bring you a buyer.

If you are nervous and want to share your $ go ahead and work with him. I personally would try to find someone local first.