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Hi ,
Great material here. I am actually based in the UK and am just starting up in the property wholesaling business over here.
Just a quick question; Upon signing the Buying and Selling agreement with the seller how long do you have to assign the contract to one of your investors? and if worst comes to worst and you cannot assign the contract what would happen (bearing in mind buying the house myself would not be an option), is there some type of get out clause etc etc?
Thanks
ske07 1 year ago
@ske07 Well you would normally want at least 30 days to close, if you don't find a buyer you simply ask for more time and they give it to you or they don't, if they dont then they keep the earnest money and you both move on
TeachMeFlipping 1 year ago
how do you buy a house with bad credit?
tamgrsw 1 year ago
@tamgrsw Wholesaling teaches you how to buy houses without credit or cash, it's all about controlling deals with a contract then assigning that deal for a free to investors with cash
TeachMeFlipping 1 year ago
Okay, I have a question. What is the property is owned by the state in an instance where someone is in the nursing home? Do you negotiate with the someone from the state on a price? They've never been by once to check on the property.
chicacanella 1 year ago
@chicacanella Whoever is the owner or on the title as the owner, if that's the state then so be it
TeachMeFlipping 1 year ago