Hi - I am seeking clarification on wholesale contracts. Every single agreement instance which i've seen has 3 events: Seller, Assignee and Customer. If I realize the procedure accurately, I, given that the Assignee, will 1st enter into a agreement with the vendor. Then later enter into a agreement with a Customer and produce the two together inside of a double near transaction.
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I can not say you Never ever will, but I have never place an individual greenback of earnest revenue down on the wholesale deal. If anyone INSISTS they want earnest cash, I might try out to keep it not more than $a hundred. If it is a high greenback house, then not more than $one,000.
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