Exit Strategies While in Contract

[Khenan Newton]

Do any of you guys know any good resources for learning about exit strategies? I just need a simple explanation and some examples of exit strategies so I can get an idea of what investors are talking about when they say "You GOOOTTA have your exit strategies."

[Matt Shields]

I'll cover the contract exists, and leave the investment exits typing to someone else. 

There are as many contract contingencies (exits) as you can dream up.  You could make a contract contingent on the Steelers winning the Superbowl, but I wouldn't count on it. Some often used contingency clauses: The buyer's financing falls through. The buyer must sell another property first. The property must appraise. Failure to assign the contract. A buyer can also cancel during the inspection period.

As always, seek professional advice. Good luck.