Purchasing a wholesale deal

[Michael Veloso]

Good Evening Bigger Pockets,

I am currently looking a purchasing my first deal from a wholesaler and we have not had an opportunity to have an inspection done. I read the assignment contract and I do not see any language on ways to get out should there be a problem with the building. Question 1. Should I even consider signing an assignment contract without having an inspection completed and the financing in place? Question 2. Is there any protect for the end buyer on this type of deal?

I understand wholesale is generally as is and I do believe everyone is acting in good faith, but ultimately I am committing to buying something that I might not be able to purchase.

#nervousnewbie