Posted by Tyrone on April 11, 2009 at 10:22:26:
In Reply to: Re: Getting Started: Wholesaling posted by RalphL on March 19, 2009 at 04:09:32:
Ralph makes a great point. Your inspection clause in your contract is out "out clause". That clause is also important in that it allows you to get your investor buyers into the property to see if they want it or not.
If you deal strictly with For Sale By Owners, you can get away with using very little money out of pocket for earnest money. You can use $10 bucks in most cases. Rule number one though is to have your buyers list already established before you even get started looking for property.
- Re: Getting Started: Wholesaling Keith Washington 09:39:32 05/15/09 (2)
- Re: Getting Started: Wholesaling Tyrone 10:34:27 05/15/09 (1)
- Re: Getting Started: Wholesaling Keith Washington 11:22:27 05/27/09 (0)