Hi all-
Are “Terms” usually used in a wholesaling transaction? If so, why would they be used and what are some examples of a typical wholesaling flip using terms? :smile
as long as both the end buyer and seller agree to it, you can write in whatever terms are needed to seal the deal.
terms:
subject to existing liens
owner financing with 6 month balloon
buyer can trade another item in for property or consideration
It all depends on the situation…