Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 10 years ago on . Most recent reply

User Stats

9
Posts
3
Votes
Adam Yunker
  • Homer Glen, IL
3
Votes |
9
Posts

What to do with attorneys, contractors, and what about all the fees?

Adam Yunker
  • Homer Glen, IL
Posted

Hey guys! I'm new here and I have been absolutely loving these forums! My biggest question in getting into real estate is the cost for attorneys, contractors to give you estimates; However, I'm pretty sure contractors don't need any money up front. Don't they get paid only if you hire them to do the work? Also what about attorneys for the paperwork and how do I go about doing that? This is my biggest concern because I want to wholesale a couple properties first whether it be assignment contracts or double closings. But how do I go about doing an assignment contract or double closing with my attorney & do all attorneys know what these are & are familiar with? People say you don't need any capital to wholesale, but don't you need the capital to go through the paperwork? Lastly, how do you go about getting an appraisal where they tell you how much other properties have SOLD for? And how much do they cost? If any of you guys have done wholesale deals if you can leave like a step by step basis and how much were things roughly. That would be amazing!

~Thanks, Adam & Great luck to all you wonderful people in the biggerpockets forums helping kids like me out! :D

Loading replies...