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Updated almost 6 years ago,
Sharing of documents, contracts etc. to help other members...
1st WHOLESALE DEAL! Houston, TX
My first post too. Glad to be among the Pro's finally, so let's put it to the test ;)
I'm fairly new in real estate investing & in Houston/New Caney, TX 77357. 1 1/2 full time, formerly 25 yr oil & gas Pro. After 100s+ of research hrs on investing (webinars,siminars, www and reading etc-right?), I finally found BP & just joined Pro.
SHORT STORY: I did do 2 quick flips/buy sell last year. I have my first Wholesale deal (5 suburban lots) ready to go, and it's a distressed property with a very motivated seller- I'm a little anxious bc it's a big ROI...yes.
My Point
After some appreciated and good encouraging advice from here....
I'm still stuck at the moment on this wholesale bc I'm not sure if I have the right docs, and the right info in them for my deal, my area etc.?! (frustrating) One between seller and then one between buyer and me-Done! Right... Purchase Agreement and Assignment of Contract.
Yes I can do it but geez as to when, I am am a week+ into searching sooo ...if it's today or next week either I'll write my own or pay an attorney as a last resort; but the right documentation is crucial and yet only ever brought up if it's wrong.
Actually that's why I joined BP Pro last week to see just how valuable it is in a "real deal goin down time".
HEY! possibly someone here, say preferably a BP Pro in my area of Houston, TEXAS steps up (as I've often done in my CAREER) and just in an INSTANT somebody helps; sends the Purchase Contract & Assignment templates over that they've used w a few tips and they're glad to help! Honestly that's what I'm betting on! I do have the ones from the Pro library on BP...and they look good but...?
Thanks & GOD SPEED!