A real estate deal where the speaker paid $5,000 upfront to a seller. The key lesson: verify the seller actually owns the property and has the right to sell before handing over any cash.
That was a big part of it, but she wanted like money now immediately. We actually had to front her money, $5K up front, but we knew it was a solid deal. So we gave her $5K up front. But by the way, guys, do not just give someone $5K up front without verifying that they're the owner of the property. You've submitted the paperwork. Make sure they have the ability to sell it. Yeah, because, you know, we did verify that, but
Why Traditional Wholesaling Keeps Failing You (Use This Pre-Flip Method Instead)
