Purchase Agreement HELP

[Orin Orlopp]

Hello fellow BiggerPockets members. I recently had my first offered accepted on a for-sale by owner property. This is an all cash deal that I am financing through a private lender. The seller has asked me to draw up a purchase agreement.

I have an agreement drawn up and would like others to read over the contract and provide feedback/advice. This is the first purchase agreement I have written so any help would be appreciated.

Thanks!

Orin  

[Mark Fedorov]

I do a lot of things myself, list properties, find tenants, fix sheet rock, write loan docs, fill out legal paperwork to start LLC's... but I would NEVER write my own agreement of sale for a property... there is just too much risk there, you mess something up and you may have given the seller money and not gotten a building. Hire a lawyer. (and make sure you do a title search)