OfflineI have cash buyers who are interested in purchasing A LOT of properties this week...
...but I only have properties on the MLS that my agent has given me (NO FSBO), not to mention, these properties can only be put under contract BY THE END BUYER....
...SO, IF I STILL wanted to wholesale these properties to the end buyer, should I put the contract under MY NAME "and/or" the End Buyer?
That way if my end buyer flakes out and backs out of the deal, I can still have an exit strategy by putting a contingency of a 14 day inspection period on the contract.
Is that weird? In other words is there a better way you would handle this? Or no...?
Thank you
Sean Nelson
P.s. I'm also looking for a partner on these deals, if your interested call me today at 561-543-8265
Double closing may be your best option. You would make the offer in your own name. You would then close the property and take ownership even for an hour.
Before the closing mentioned above you would find a buyer who would be purchasing from you. You get a purchase contract with them as the buyer and you as the seller.
You would have 2 offers one for you to buy and one for you to sell.
Set up the closing on the same day.
This is commonly known as double closings which you can use if the seller does not like assignments such as a bank.
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125