Your Trusted Sticks and Loans Commercial Mortgage Real Estate Agent

 This is for a wholesaler that is looking to do a double close in one  day.  They are buying a property from party A and going to “wholesale”  it to an end buyer, Party C, for more. Our Wholesaler is always Party B  in the transaction.

1. Name of borrower: 

2. Borrowers Contact Info (Phone # and email): 

3. Company name the borrower is closing in (must close in a corporate entity): 

4. Purchase and sales contract price of property the wholesaler is looking to purchase (Transaction from party A to B): 

5. Is there a fully executed purchase and sales agreement from Party A to B? 

6. How much is the wholesaler selling the property for to their end buyer (Transaction from party B to C)? 

7. Is there a fully executed purchase and sales agreement from Party B to C? 

8. Exact address of property: 

9. What is the exact property type? 

10. When is the date both closings are going to take place (They must take place the same day)? 

11. Is the final end buyer, Party C, pre-approved for a mortgage? 

12.  If not do they (Party C) have the money on hand to buy the property  cash? (If the end buyer is not pre-approved for a mortgage they must  have a bank statement proving they can buy the property cash, or there  is NO deal yet! If they are taking the mortgage route we need a copy of  the pre-approval letter and it WILL be verified.) 

13. Is the wholesaler buyer or selling this property to a family member?