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Wholesaling Contract
Hello all,
I'm a new wholesaler in Maryland and may be getting my first house under contract tomorrow. What documentation, other than the contract, should I present to the seller after we agree to terms? Any assistance that you can provide will be greatly appreciated!
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Account Closed
#1 BiggerPockets Exclusive PRO Area Contributor
- Professional Auctioneer
- Baltimore, MD
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You only need a well written easy to understand with all disclosures, creative and skinny contract of sale!
- A well written short contract offer could be consider a work of art, a document that has made many people wealthy.
- Selling (assigning) real estate you don't own is the highest form leverage and wealth that can be achieved.
- Controlling real estate (commercial, houses and non-conforming) without a legal obligation to close and subject to assignment and delayed settlement is a great, almost magician system of making profits!
- No need for funding.