For regular wholesaling flips, you are not responsible for the payment while you are advertising the home. Our contracts are flex contracts that don’t tie up the property or take it off the market. The seller can advertise the property on their own. So if the seller rents or sells the property before I do, they can cancel the contract and don’t owe you anything. If there is a sandwich option and there is cash flow on the deal, you can promise to make the payment for 30 days or so. If you don’t find a tenant buyer, you can let the contract expire. Also, the contract is contingent on an inspection and the rest of the paperwork. The seller can’t accuse you of taking the property off of the market because you didn’t take it off the market.
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