Do wholesaler's use both Offer to Purhase and P&S?

[Christian Nachtrieb]

Hi BP,

For those out there who wholesale on a regular basis, depending on your strategy, is it common to execute both an Offer to Purchase and also a Purchase & Sale Agreement? I'm obviously going to have my attorney take a closer look at everything, but I'm curious how off-putting it might be for a seller to have to sign a huge P&S versus maybe just starting with an official Offer to Purchase and making sure we're covering the big ticket items in there.

Thoughts on this?

Thanks so much!!