All Forum Posts by: Courtney S

My question is this....Would I have to put a deposit down on every wholesale that I do, being that I will be assigning the contract over to another investor?

And if your reply is "Sometimes" then please when would it be a time that I wouldn't have to put a deposit down?

Thank you

Thanks everyone!

Okay, so basically as you can tell by me asking this question I am a newbie, lol.

So here it is , If I want 2 get a property and fix it up and like within the a month or so sell it back on the market..

.Would I have to basically go through a regular closing by actually using money to put down and go through the whole paperwork?

OR Could I just place the property under contract for say like 60 days? and during that time I would be fixing up the property , etc and place it on the market for sale

Thanks crosswind!..Yea I was going 2 start my buyers list before even starting on any type of deals.

Thanks Jason! That really gets rid of any concerns or worries Thanks again

Yea I agree with you on that. I wasn't going start putting properties under contract until I at least had a list of serious buyers but in the mean time I can just promote my business until the Real Estate investing market seems to get better and buyers start calling...

I guess its going to be a little while before I get into doin wholesales by placing the properties under contract.

Im not really interested right now as a beginner in doing short sales, being a landlord, or flipping since I really dont have the funding to do that..I just want to contract a property and sell it fast....

But in the mean time until I start noticing more buyers I will be doing Tax Sales and just market my business for buyers...

This is something that I am a little concerned about but not to worried, because of how the market is especially for loans.

I know it'll be easy to get the sellers but what about the buyers? I'm am not interested in being a landlord so thats out of the question...

Someone please advise..especially if you are an investor in FL

Ook. Do you place that on a Purchase and Sale agreement or Contract Addendum?

Ok thanks everyone! But what would be a good percentage to put?