# Of Days To Close When Wholesaling?
In order to look like a bon a fide buyer without causing me a heart attack, what is the best amount of days to put on a contract to close in? I do not have a buyers list of investors yet to flip it to. This would be referring to my first deal.
I usually have close in 31 days from effective date on contract or 3 days after clear title is shown. Give yourself 15-20 days for your "inspection clause" which allows you to find investors and decide if the property is worth your time.
Christian "The Solutions Kid" Beebe
[addsig]
SolutionKid, Is your 15-20 days for the inspection clause part of the 31 days until closing or in addition to? Does this inspection clause fly when offering through a realtor? Would love to know.
You should probably put the longest time you feel comfortable to close in. If you feel confindent that it is a good deal and feel you can find someone to flip it to put a shorter fuse on it.
[ Edited by iamhappy on Date 11/18/2003 ]
A good realtor would advise you to have the inspection clause.
I never put anyless than 90 days. Some owners may menion it but if you sound confident they usually dont worry.
90 day even on a property listed through a realtor? Even bank owned?