All Forum Posts by: Oscar Simpson

Question removed.

@Account Closed It is still under contract, and the wholesaler could obviously sell it to someone else. However, that does me no good. 

Is it better to write the letter, or just cold call the owner? 

Thanks @Chris Mason. You mentioned closing a wholesale deal with traditional financing. What does that look like? I thought the banks frowned upon wholesaling and required seasoning or just steered clear.

I found a deal through a wholesaler for a 4-plex, but I wanted to use traditional financing to make it work. We kind of structured a deal where I would essentially hire him to put together a new contract with the seller under my name. Unfortunately, the deal fell through between me and the wholesaler, because he wanted his cash up front. We tried to work something out, but eventually he gave a hard "no" to the deal.

So the question is, is it super shady for me to now make an offer to the seller of the property?