The wholesaler never takes title.
Log in to followTrying to work out the real number before I decide anything. Everyone says wholesaling is the no-money strategy but you still have to put something down with the seller, right? An…
I run a junk removal and cleanout operation, mostly for estate attorneys and property managers. In February I quoted a hoarded 2 bed in a small mill town, maybe a $118,000 house f…
Learning how private money moves and this one nags at me. A flipper owns the house and insures it. A landlord insures it. A wholesaler owns nothing at any point, so is there anyth…
I've spent years underwriting, so I figured this would come easy. I treated it as a test with a budget and a stop date, which is the only decision I'd repeat. Budget: $14,000 acro…
Deal I'm working: contract with the seller at $186,000, cash buyer verbally at $200,000. So $14,000 of spread. Seller is an heir who inherited the house from her mother. She think…
I've been keeping a spreadsheet since October on every deal a wholesaler has sent me, and I finally have enough rows to say something. 178 deals emailed to me. I underwrote 41 of…
California's Assembly Bill 1850 was introduced in February 2026 to define wholesaling and require a license for it. As of mid 2026 it hadn't cleared committee, so this isn't law a…
Underwriting is where I spend my time and I'm looking at this from the outside, so push back. The pitch on reverse wholesaling is that you sign up the cash buyer first, get their…
Two operators I trust do this opposite ways and both close consistently, so I want to see where this room lands. One of them tells the seller the number. Signs the contract, then…
Under contract at 142. Assigned to a buyer at 159, so $17k to me, standard one-page assignment, non-refundable $5k deposit from him at signing. He's now telling me he can't close…
I've been mapping which of the 2025 statutes reach land deals and the drafting isn't consistent. Some definitions of brokerage cover real estate generally, which sweeps in raw acr…
I've bought two rentals from wholesalers so I've seen this from the other side, but I'm now looking at whether I could do an assignment myself on a house I can't finance. Where I'…
Still no deals. What I've been doing instead is building the paper so that when a seller does say yes I'm not improvising. Where I've landed so far. Purchase agreement with the se…
I've been looking at rural land rather than houses, and I've found two parcels where the owners are out of state and have stopped paying the taxes. I don't want to own them. I'd r…
I read everything twice and I've now read this one four times. What I understand. It takes effect July 1, 2026. It requires wholesalers to register. It gives the seller a three da…
Renovation is my usual lane and I keep getting handed these because nobody else wants them. Current one: seller inherited, holds title alone, house is full floor to ceiling, and h…
I want income that doesn't turn into a second job, and every free video I've watched says wholesaling is how you start with nothing. Lock a house under contract, assign the contra…
Reading Connecticut's Public Act 25-168, effective July 1 2026, the registration piece and the 90 day closing cap are mechanical enough. The three day seller cancellation window i…
Mostly I read about notes so this is new ground for me. An agent sells a house and gets a commission. A wholesaler assigns a contract and gets an assignment fee. In both cases som…
First deal I did the normal way, locked a property and then panicked for two weeks looking for someone to take it. Fee was $3,100 and I nearly blew the closing date. This one I ra…