Subject to, Wholesaling, Owner Financing, and Lease Option Contracts

[Jon Malham]

Hello there BP!

As a new investor I just had a few simple questions about where to find standard contracts, specifically in the state of Florida. It's no problem finding a standard real estate purchase agreement but am wondering if there is any specific place where I can find generic subject to, owner finance, wholesale, or lease option purchase contracts? (I've already sifted through the BP files). I realize a lot of the seasoned investors have their attorneys draft them on their behalf but that is more money than I want to spend right now. Or do I just use a standard real estate contract in my state and add on addendums for the specific type purchase? I just don't want to look like a fish out of water when I make my first offer.

Any help, advice, or guidance would be much appreciated!!

[Ellis San Jose]

If an agent is involved in the transaction an addendum added to the standard contract works well for me. I wouldn't have an attorney draft a contract from scratch. Have them review your contract instead.

There are a number of real estate clubs & seasoned investors in Florida you should connect with.

John Schaub & Peter Fortunato who are in Florida have excellent educational material.