Introduction to Wholesaling

[Dee Martin]

Hello Everyone! Please help! I am interested in getting started with Wholesaling/assigning contracts.

1). I have read mixed reviews on licensing. Do you require a license to Wholesale for properties.

2). Do you recommend printing the given contracts offline (P+S agreement), or getting something more official?

3). Any recommended sites to continue to learn.

Thank you:)

[Peter Giardini]

Dee,
Welcome to Bigger Pockets you are in a great place to learn, network and prosper.
In my experience you do not need to obtain a realtors license to wholesale... because you are not representing the seller in the transaction, but are actually the "buyer" until you decide to assign your beneficial interest in that property to someone else.
The purchase and sale agreement should be straight forward if dealing with a seller directly.  If you are dealing through an agent typically a realtors contract would be used.
Regarding the assignment contract... I have seen them less than a page long and up to 5 pages.  They don't have to be complicated just capture the essence of the transaction.
I wrote an article for BP some years ago on this subject that might be helpful.... here is the link ... https://www.biggerpockets.com/...
I hope you found this helpful?
Best of Luck!
Pete