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Updated about 6 years ago on .

User Stats

9
Posts
4
Votes
Luke Stair
  • Investor
  • Clarksville, TN
4
Votes |
9
Posts

The contracts and details of Wholesalling

Luke Stair
  • Investor
  • Clarksville, TN
Posted

Hello, 

I recently learned about wholesaling and want to gain a better understanding of this real estate strategy.  I have been researching it a lot and understand it's much more work than it's toted.  Not as easy as certain sites make it sound, otherwise everyone would be doing it.  Many of these sources have not been able to answer a few of my questions.  

1. What are the details of a wholesale contract?  (An example would be great)

2. Surveys, inspections, etc. are not part of this type of transaction?  This is the buyers responsibility upon completion of sale.

3.  If you're a cash buyer who have worked with wholesalers, what format/presentation do you want to see in a potential sale? 

Disclaimer.  I understand some people have issues with this real estate strategy.  I have a real estate attorney and have consulted with her already.  My goal is to gain information and a better understanding of this process.  

Thank you,

Luke