All Forum Posts by: James Goff Jr

When wholesaling, there is an "a-b-c", a(seller) b(me/wholesaler) c(end buyer).

For both assignments and double closing, will the seller (a) know how much I (b) will profit on a deal? Will they know the actual amount I made at closing?

Regarding a purchase agreement, is it acceptable legally speaking to write "earnest money to be presented after "x" day inspection period"

This isn't something I would do on every deal but it would be a good thing to know before hand. I heard jerry norton mention this technique but is it legal as long as both me and the seller agree to this in the special clauses of the contract?

I read that in Georgia, which is where I'm located and will be doing deals, that earnest money must be presented in escrow no later than 3 days after purchase agreement is signed. Is this true?

In case anyone is wondering, I'm planning on wholesaling.