Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago,

User Stats

4
Posts
2
Votes
Brian Ramp
  • Chicago IL South Bend IN Asheville, NC
2
Votes |
4
Posts

Investor question about Wholesalers

Brian Ramp
  • Chicago IL South Bend IN Asheville, NC
Posted

Hey there fellow investors.  My partner and I are just a few projects into our career, so I would say we are still relative newbies.  We have gone under contract to be assigned a project from a wholesaler for the first time.  I was skeptical of this avenue for a bit, but after asking around and educating a bit, decided to give this route a try.

My question is this...  The wholesaler has his lawyer all set up for the whole transaction, and the wholesaler is incurring the cost.  Should we use a buyer side lawyer to protect our best interest, or is it safe to assume that any lawyer working both sides of the transaction is knowledgeable enough and ethical enough to not screw us over... if for no other reason than he could be sued?  Would you spend the money for a lawyer?  Or better spend the time looking for the next deal?

Thanks!! 

Loading replies...