Colli Real Estate

real estate wholesale property

I found a good property from a wholesaler (he doesn’t own the property but he controls the property), can I wholesale to another buyer? I mean I don’t really purchase the property, just let my potential buyer to purchase it. How to do this? How can I get my fee?

Sure you can do this. There are lots of ways you can pay the wholesaler for an option, or right a contract with “and/or assigns” in it, whatever you want. If I were you I’d go to the wholesaler who controls it and explain you may have a buyer. Then ask how they want to handle this – but don’t tell them the buyers name or any info on the buyer. That info doesn’t go to the wholesaler until you control the property, or possibly in a direct contract from the buyer which stipulates you getting a commission/ finders fee if the wholesaler sells to this buyer.

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