Purchasing Directly from Seller Off Market

[Adah N.]

To get the ball rolling you typically need to sign a contract with seller. What do you do when you have found a seller and have come to an agreement on price/terms? 

1)Do you write your own contract to secure the deal and then send to the lender, attorney, closing/title company etc? Where did you go to get the template for the forms? I am specifically interested in the state of GA. I have searched but not finding the one on BP. I think there used to be one but it is no longer available? I can Google but I am curious to find out what other investors are using/doing.

2)Do you contact an agent and have them write the purchase/sale contract and act as the buyers agent? How much commission do you pay the agent?

Thanks,

[Adah N.]

@Jonathan Klemm

No, not planing to wholesale, looking to buy/fix rent or flip.

I have been getting "deals" from wholesalers, frankly MLS seems to have better pricing on investment grade properties than many wholesale deals I've gotten lately.

Could you share your contract? I could use it as a starting point and then add or take away for GA.

Thanks.