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All Forum Posts by: Kevin M.

Kevin M. has started 3 posts and replied 6 times.

Post: Wholesale?

Kevin M.Posted
  • Summerlin, NV
  • Posts 6
  • Votes 0

how do you properly wholesale a property ?

-find a property for 100k

Put it under contract for 100k

- find a investor to pick it up at 115k

- Then what?

Do you just attach a finders fee through escrow for 15k difference ?

- what happens to my contract?

I asked this question because notice some agents have done this in the past.. but did not the legal terms to this.. does give unfair advantage to the listing agent..

How did you start?

Well they usually use hard money or have private lending that give them money

Full time college student in CA. Im a realtor with coldwell banker... closed couple small deals around 350k range.. but looking at the investors who are making $$ flipping homes with hardly of their money is something i really want to do.. Any suggestions on how i should start? what i should do? should i build capital first? HELP!!!!! need some guidance

i have a short sale approved at 340 but have a offer at 360.. can i do double escrow?