Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

59
Posts
11
Votes
Seyi A.
  • Flipper/Rehabber
  • Chicago, IL
11
Votes |
59
Posts

Does one need a Purchase & Sales Contract when wholesaling?

Seyi A.
  • Flipper/Rehabber
  • Chicago, IL
Posted

Hi All,

Quick, maybe stupid, question: If make an offer an get a property that I intend to wholesale under contract (title will be taken in the name of a land trust whose beneficial interest will be transferred from me to the buyer), do I need to send the seller a purchase & sales contract when the offer is accepted?  Or would that be a task for the new buyer.  Thanks in advance.

Seyi

Loading replies...