Title Company Required in Wholesaling?

[Lleyton Verheul]

Hello all!

I am a newbie wholesaler about an hour south of Tampa in Sarasota, FL. My business partner and I are getting all of our ducks in a row before our first deal. I was wondering if we will need a title company for ourselves. We do not plan to double close but to reassign contracts to our end buyer. Based on what I could research, I believe the end buyer may need a title company. Would they be responsible for that themselves or is there an expectation that we would set that up?

Any advice on this or related wholesaling topics is greatly appreciated! I am also open to mentorship or getting to know any BP members in the area. Thank you all!!!

[Lydia R.]

@Lleyton Verheul Hey there! You’re close. When you put a property under contract youll need to take that contract to the title company with your earnest money. The title company will facilitate the closing so you definitely want to make sure the title company you work with knows how to do assignments, double closings and blind huds. If you need any advice or have any questions feel free to reach out. Ive been wholesaling and investing for a long time, more than happy to answer any questions you have about getting started!