What I have learn that when you are working with a wholesaler saleing their properties you what to have them signing a option to purchase contract and order for you to even look for buyer for his property that way you have some form of interest in the properties after that I'm somewhat in the same boat as you I want to know the next step where I am.
I partner with a wholesaler who agree on jv 50/50 split. We went into a option to purchase agreement. There is a possibility that I have a buyer. I advertise his properties for the same asking price he asked for not above that amount. Can I still re-assign the contract for my non refundable assignment fee from the 1/2 that I suppose to receive from the wholesaler/seller and request the remaining balance that the seller owns me or the full balance of the asking price the seller made? Please help.
What I have learn that when you are working with a wholesaler saleing their properties you what to have them signing a option to purchase contract and order for you to even look for buyer for his property that way you have some form of interest in the properties after that I'm somewhat in the same boat as you I want to know the next step where I am.
I partner with a wholesaler who agree on jv 50/50 split. We went into a option to purchase agreement. There is a possibility that I have a buyer. I advertise his properties for the same asking price he asked for not above that amount. Can I still re-assign the contract for my non refundable assignment fee from the 1/2 that I suppose to receive from the wholesaler/seller and request the remaining balance that the seller owns me or the full balance of the asking price the seller made? Please help.
Phyllis Jackson