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Updated almost 5 years ago,

User Stats

7
Posts
1
Votes
Jumaani Cooper
  • Hampton-Roads, VA
1
Votes |
7
Posts

Wholesale Contract Questions

Jumaani Cooper
  • Hampton-Roads, VA
Posted

Ive spent alot of time reading and researching how wholesaling works and i am approaching cking the point where i am ready to start do-ing rather than just reading. However there is one concept i am not to sure on, and that is the contracts used in wholesale deals. At first i thought there was just 1 contract you use and you take that, have it signed by a seller, then have your cash buyer sign it as an assignee, however after lookin Ive found that multiple contracts are used. What is the purpose of each of the contracts used when your wholesaling a property? Is it best to have it made by a local real estate attorney? What clauses are important to include? Thank you so much for your help and time.

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