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Updated almost 11 years ago on . Most recent reply

User Stats

9
Posts
4
Votes
Rose C.
  • Real Estate Investor
  • Venus, TX
4
Votes |
9
Posts

Texas Assignment contract help needed

Rose C.
  • Real Estate Investor
  • Venus, TX
Posted

I have been trying to get into real estate investing for a little more than two months now. It seems like every where I turn I hit another road block. I have a Realator on my team, I have a guy that will go to the houses and help me determine the cost of repairs, I have financing lined out, I only have a couple of end buyers. Right now I don't have money myself to puchase, fix, and flip a property or to purchase and become a landlord. Right now my only strategy is to get a contract and assign it to an end buyer. However, the Realator that I have said that upon talking to his title company the form that I was given for contract assignment will not work in Texas. I am now told that I have to get with a Real Estate Attorney to get the paperwork that I need for Texas. At this point in this new business I am getting very discouraged. I already have $8,000 into this and I still have nothing to show for it but frustration. I can't even get in to see a property. Does any one have advice to give me. What am I doing wrong? Is there a title company out there somewhere that will help me with out charging me upfront for the paperwork that I need? I am out of money and would still like to get this business up and running.

Desperate for help,

Rose Carfrey

Most Popular Reply

User Stats

24
Posts
6
Votes
Omar Gutierrez
  • Duncanville, TX
6
Votes |
24
Posts
Omar Gutierrez
  • Duncanville, TX
Replied

I'm just getting started in wholesaling as well and what I did was call a bunch of title companies and asked if they double closed and did assignments. I finally found one title company and asked them if they could email me the assignment document they use

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