Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
Tax, SDIRAs & Cost Segregation
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 about 5 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Dustin Johnson
0
Votes |
2
Posts

Wholesale contracts in Colorado

Dustin Johnson
Posted

Happy saturday everyone, 

I'm located in Colorado springs and I am very motivated in wholesaling locally. I have everything I need to get started, phone, website, bandit signs, formulas, repair estimate sheets, potential end buyers, people skills, ect. I brought 4 contracts to my real estate attorney (2 different buy side and 2 different sell side) he called one of his other attorney friends and literally said he's about to vomit after reading the first line pf the buy side contracts I had. Lol good thing I decided to have someone legally inspect them instead of a potential seller call me out. Does anyone have COLORADO WHOLESALE CONTRACTS to share so I can get started? 

Thank you everyone!

Most Popular Reply

User Stats

936
Posts
706
Votes
Ryan Blake
  • Lender
  • Texas
706
Votes |
936
Posts
Ryan Blake
  • Lender
  • Texas
Replied

@Dustin Johnson Why are you trying to reinvent the wheel? Why not just use the public documents that a broker would use. They are free and you know they will stand up in court as they are made and approved by the state board.

Here is all the approved contracts to purchase for a broker in CO: HERE

Here is the main website ran by The Colorado Department of Regulatory Agencies that I used to find the google drive with the purchase contracts.

When using the CO contract on line 25 of the Dates and Deadlines section make sure you put the date out far enough so you can object and use the exit clause if you don't find a buyer.

I have never purchased property in CO but was able to find this info with about 3 minutes in a google search. Utilize people who have already done the work for you. In Texas, I just use our state approved form and make sure that the option period is long enough for me to assign, set up a double close, or opt out of the contract.

  • Ryan Blake
  • [email protected]
  • 214.420.7324
  • Loading replies...