Need Encourgement
I was finally ready this week to look at some properties but now I'm discouraged.
I was under the impression that I could hold a property under contract by offering earnest money and putting a clause in the contract that states "subject to my partners approval" so that I could give myself 30 days to find a buyer.
Has anyone done deals this way?
Also, when wholesaling is your target buyer another investor or a retail buyer.
Didn't you just post the same thing earlier? Read my reply to your earlier post. This kind of thing happens all day, everyday.
That's the way to do it. You should just give a $10 deposit, get prop under contract, turn around and find buyer / rehabber in the meantime and assign or double close the deal.
I apologize I didn't see your ealier post
Thanks