My reader question today comes from a wholesaler fresh off of a bad experience. He said, “My buyer backed out of the deal”. What do I do now?
This has happened to more than one wholesaler; buyers backing out of the deal at the last minute. His seller was furious when he couldn't close in the short time time frame he put in the contract and had to ask for an extension.
So the question is, “How do you prevent your end buyer from backing out of the deal”? Read the rest of this entry →