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Step three — getting it under contract

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If you are going to wholesale commercial properties, you’ll need to get the property under contract. This gives you control of the property because the seller can’t do a deal with someone else after they’ve signed a contract with you.

Getting the property under contract gives you something of value to sell when you wholesale the property. We see rookie wholesalers sometimes try to wholesale a property they don’t have under contract. You need to get the property under contract for two big reasons.

Commercial Real Estate Investing For Dummies

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