No Money Down Real Estate Investing Course
Learn How To Buy Income Properties Without Risk, Good
Credit, Money Or Tenants!

Click here for more information
 
Welcome, Unregistered.
User Name
Password
Forum Links
Site Navigation
Real Estate Resources
Go Back   Real Estate Investing > Real Estate Investment > Flipping House
Reply
   
 
Thread Tools Search this Thread Display Modes
  #1  
Old 11-01-2006, 02:24 PM
bkar
Guest
 
Posts: n/a
Default Wholesaling Issue

It is a common knowledge that it's a good idea to create a network of buyers / investors when one does wholesaling, in advance. So that when a wholesaler has a property to assign or to sell, he/she doesn't have to waste time when the time is of the essence, and the whole transaction is on the line.
It also has been suggested that a wholesaler needs to be sure that his buyers are what they say they are, in terms of their ability to close, i.e. their finances, credit, etc.

Question:
When the wholesalers first create that network of buyers / investors, HOW TO CONFIRM THE PROSPECTIVE BUYERS' FINANCIAL CAPABILITIES?
I mean confirm INDEPENDENTLY, since simple asking doesn't do it.

Note: We are discussing buyers / investors, NOT retail buyers.

Last edited by bkar : 11-01-2006 at 04:30 PM.
Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump



All times are GMT -8. The time now is 10:14 AM.


Powered by: vBulletin Version 3.0.8
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 2.4.0
Copyright © 2001 - 2006, Buy Income Properties, Inc. All Rights Reserved. Privacy Policy in Observance.