Jonathan Hi Johnathan, I was reading and studying Wholesaling....I am still struggling with the process of it, is there anything on this site or do you have anything you can send me about the process...for example I know from being a former real estate agent that earnest money is placed upon a mutually agreed signed contract usually $500.00 depending upon the value of the property....While that is not an enormous amount of money, if one sets out two or three contracts trying to whole sale it is a risk of loss if the deal does not go through...since i am restarting or reentering this real estate investing world with limited resources, I was wondering about strategies and specific process to follow that help minimize the risk...I like the double closing ideas, I had watched a video on wholesaling and that is how he described it as well...any help would be welcomed.  

It is my plan to get started with a foreclosure property with minimal to moterate renovations needed.

This isn't our first rodeo, so time spent in self-reflection will be minimal.

So much added value for minimal cost.

This confusion caused many delays in setting up my account and tenants setting up there accounts.

The closing Has to be delayed, unless the COA/unit owners sign off before their 30 day review period.

Delays = DollarsThere are no two ways around it.

Based on the pictures and description up on MLS it looks like it would require minimal work.

It really goes back to the original contract , the reasons for the delays .

GC has agreed to walk properties to estimate costs with my on my first handful of deals)-Wholesalers (I have 2 that I trust thus far who collectively send ~5 deals per week, and am working on building my list of wholesaler contacts).I know the first project will be very learning, but I want my partner and I to be as prepared as possible on our first couple of flips to minimize risk of being blindsided.