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Updated over 6 years ago on . Most recent reply

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Bill Thomas
  • Real Estate Investor
  • Mamaroneck, NY
4
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20
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I Have a Potential life-changing Deal Cooking...

Bill Thomas
  • Real Estate Investor
  • Mamaroneck, NY
Posted

I Have a Potential life-changing Deal Cooking...

Hello friends,

I was driving for dollars and found a distressed property multifamily property in the Bronx, NY. I have a verbal agreement with the owner in terms of price. I want to lock the property under contract then wholesale it to a serious investor.

I want to make sure I use a valid purchasing agreement and assignment contract. Can anyone lead me in the right direction with finding a great template to use for the purchasing agreement and assignment contract? 

I would really appreciate it. This could be a homerun. Thanks.

Kind Regards,

Bill

Most Popular Reply

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23,418
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,508
Votes |
23,418
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

Before you get too far, do some basic title search.....you may find a large mtg, liens, back taxes, demolition order, etc.

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