Greeting fellow investors,
I would like to know at what stage of the wholesaling process would one usually expect to receive money for assigning a contract. After closing? At/ during closing? Before closing? Do any of you ever receive a “good faith deposit” before the title check? Of course, I’d prefer to receive my money for assigning a contract as soon as the contract is signed and not have to show up at the closing. And then there’s always the possibility of the buyer/investor not paying at all. Looking for some insight. Thanks.