i found a great deal and i don't want to lose it. upon having a title search done here are the issues:

2008 bank files for foreclose

2011 owner later files for bk (has 2 homes only included 1 home and n...

But seriously, wholesaling is not easy and jumping into it head first without knowing investor basics and the real estate laws of Ontario (what is considered brokering without a license, etc) is not advisable, even if you are a real estate agent.

Fear of commitment would lead me to advise alternative investments.

That's not saying anything about folks trying to put it to some borrower, it's a lack of knowledge and that includes attorneys who advise many of the private types.

I advise my buyers to offer 70%, 80% or 88% net of the sales price after commissions.

More than adequate liability insurance is the 'advised' norm but the latter will not cover illegal action, the pursuit of voracious creditors or the many exclusions including ingesting Lead paint.We also record & file weekly minutes, as well as all resolutions regarding any new acquisition/dispositions etc

I would strongly advise a visit to your accountant and council before putting this into play.

I was hoping someone could advise me on this.

I would have a plan of action before contacting the agent meaning advising the agent you are interested in the property, how the agent will benefit from you wholesaling the property, and finally how all parties can benefit from the transaction because the seller will have to be ok with this too.

I've got no buyers in the area there who can pay all cash that I know of, should I still write up a cash offer or is that not advised?