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Updated almost 12 years ago on . Most recent reply

User Stats

171
Posts
49
Votes
Cameron Ellis
  • Investor
  • Memphis, TN
49
Votes |
171
Posts

Newbie Wholesaler

Cameron Ellis
  • Investor
  • Memphis, TN
Posted

Hi BP family,

My name is Cameron a 19yr old newbie investor out of Memphis,TN. I've started my real estate journey not to long ago basically starting out as an Wholesaler with a goal of buying and holding multifamily properties down the road. My forum today is to get a better understanding of how to get a home under contract after the seller accepts my offer and also a contract to assign over to the buyer for my fee. How can I protect myself from any lawsuits or from the buyer going directly to the seller?

Also if i can find a buyer with 30days will I have to purchase the property myself if I have signed a contract or can the contract legal lapse after those days..

Thank you for you time, any and all help is greatly appreciated

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