I'm trying to understand how to do wholesaling legally?

[Toby Bounnarpha]

Should I talk to my attorney before I talk to the seller? What information should I bring to my attorney, after I get a deal or before a deal? Should I find an attorney before I start making deals? Should I assign contracts with my attorney before I negotiate deals? Wholesale Steps Step 1. Negotiate deal Step 2. Go to laywer for a contract for the seller and another for the buyer Step 3. Contact seller Step 4. Seller signs contract Step 5. Ask everybody I know Step 6. Contract is bought Step 7. Go to the title company? Am i missing something?

[Charlie MacPherson]

@Toby Bounnarpha The first step is to determine whether wholesaling (in the assigning contracts sense) is legal in your state.  Many stated require that you be a licensed real estate agent, working under a  managing broker in order to market (even discuss) a property that you don't own.

Read up on your state's laws or talk with a real estate attorney.

Of course the 100% legal way to wholesale is to double-close.  No state prohibits you from selling a property that you own.