I have come on here in search of wholesalers, and am as of yet finding it very very difficult to locate who is in my state (MN).

Just have to run it past my attorney.I was a little scared about doing a 20 day closing for my first deal but it turned out to be plenty of time to get everything done and the sellers even stalled for a week with out getting back to me with one of my counter offers.I still have 3 properties that are a possibility in the town 50 miles from my place but I think I might try and wholesale one of them once I get everything settled in the property I am currently buying.

Hello all! I am not sure if this has already been covered, if so I have not been able to find it. My question is should I start an llc before I start finding deals and signing contracts? My friends and family have all...

I am going to focus on properties that are in need of rehab and wholesale it to an investor, but I would like to be prepared for any deals that might come to the table.My questions are directed towards this scenario:Motivated seller comes and wants to sell house at 70% FMV.

You really need to go read through the Wholesaling Forum to get an idea of what you need to know about the whole process.To answer your specific questions, yes, you can do it without a loan by either assigning the contract or double closing, and, yes, it is legal in California and in Texas.To reiterate my first point, you really need to go read through the Wholesaling Forum to get an idea of what you need to know about the whole process.The type of financing your "investor" is using to buy the property with will make a big difference on whether you will be able to wholesale it to him.

Ok, so now I'm looking a wholesaling a double. From what I've read in the forums and heard on various podcast here is the information I need to gather and put together to give to potential buyers.

Sale Price
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I work for a company that finds wholesale homes.

Are Reo wholesalers who are selling their contract to investors using hard money loans?

Our company is located in Yonkers, New York which is in Westchester County, but we own properties throughout Westchester, The Bronx, Connecticut and New Jersey.

If so, you will need to confirm the mortgage is even assumable.Then, one of the wholesale guys should probably answer the rest of the question.