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House Flipping 101: Beginner (Step by Step Guide)

Wealthy Way

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How to Negotiate a Due Diligence Period

If you put a thousand bucks down after 10 days, there's loopholes to get out of every contract. If you plan on closing, it's irrelevant because you're going to close anyway. Escrow is handling all of this stuff behind the scenes. Once everything is clear and whoever the buyer is, whether it's you or somebody else, ends up wiring the money, they're then going to answer the transfer.

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