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Updated over 8 years ago on . Most recent reply

Close to closing 1st deal! Need help!
Good Afternoon BP,
I was able to get my first property under contract about 3 weeks ago. Since I've gotten lots of people inquiring bout the property. Well today an offer was made and the the buyer wants to close this week. :)
I'm slightly hesitant but here's why. After agreeing on the price the buyer said he would send of over the contract. Once I saw it, it read Purchase and Sales Agreement. I was thinking it should have been the purchase of contract agreement. So I made it clear with them that the house was currently under contract and was looking for cash buyer. They replied with "I am not the cash buyer but I do have a cash buyer wanting to close and yes I know you have it under contract"
I guess my question is should I sign the PSA they sent over to me? Is there anything I need to do to make sure I don't mess anything up on my end? Thanks in advance for any advice I receive!
Most Popular Reply

@Joe Threats One my marketing companies does about 100 Wholesale deals a year in Greater Oklahoma City. We send out over 30k postcards a month and do deals with cash buyers and Co-Wholesaling/JV.
Here is the agreement you need with an example how to complete it in yellow highlight.
RealEstateInvestingProfits.com JV Co Wholesale Marketing Fee Agreement
I hope this helps bro and congrats on your FIRST DEAL! Frame that check!
Remember... be a servant,
Cory Boatright