How To Structure An Apartment Bulding Wholesale Deals

[Solomon Solomon]

Hello,

I am looking into putting an apartment under contract to wholesale to somebody else. This is my first deal and I want to make sure I can get a buyer for the apartment and If I can't within a period of time, I want to be able to get out of the deal without loosing my earnest money.

1. Do anybody have advice for my on how to structure this deal? What I must be careful of? A brief breakdown of how to structure this deal?

2. Do anybody have sample copy of how the contract suppose to be written to protect me in this deal?

Thanks so much.

[Lorelei Kolegue]

Joseph Gozlan

I think you have an error in your answer above. The third and fourth paragraph mentions NOI but I think you may have wanted to say LOI.