EP 349 - When Should You Walk Away From a Deal?

What did you think of todays show??

Wholesaling is all about the hustle, but sometimes it’s more important to know when to walk away. This week, we dive into complex real estate scenarios that test even the most experienced investors. Dylan shares his most recent dilemma, where to flip or wholesale a property with a ton of potential but also a few challenges. Mike and Dan unpack a tricky novation, where unexpected liens and legal hurdles have put the entire deal at risk.

Tune in to hear how we’re navigating probate issues, sellers who hold back important information, and more!

Topics discussed:

Dylan’s dilemma to sell or flip (1:24)

Chasing more cash flow versus more acquisitions (7:23)

Setbacks in Mike and Dan’s novation deal (13:44)

Possible solutions and key considerations (17:08)

Our beef with solar panels (23:27)

Navigating probate issues (28:39)

Learn more about the Collecting Keys SCALE Community! https://collectingkeys.com/scale/

Check out the FREE Collecting Keys “Invest Anywhere” Guide to learn how to find deals in ANY MARKET Completely virtually (this is how we scaled to over a dozen markets)!
https://instantinvestor.collectingkeys.com/invest-anywhere

Follow us on Instagram!

https://www.instagram.com/collectingkeyspodcast/

https://www.instagram.com/mike_invests/

https://www.instagram.com/investormandan/

https://www.instagram.com/dylan_does_deals

This episode was produced by Podcast Boutique https://www.podcastboutique.com