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Updated over 2 years ago on . Most recent reply

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14
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3
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Dan Sager
  • Coatesville, PA
3
Votes |
14
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Wholesaling contracts question.

Dan Sager
  • Coatesville, PA
Posted

I have a seller that has 4 properties all in a row. Can I wholesale them all on one contract? Or do I have to have 4 separate contracts? They all have their own address. 

Most Popular Reply

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527
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510
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David Lee Hall, III
  • Rental Property Investor
  • Pittsburgh, PA
510
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527
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David Lee Hall, III
  • Rental Property Investor
  • Pittsburgh, PA
Replied

You could lock them up as one contract and double close or wholetail them out 1 by 1 but the issue is you eliminate assignment as an option to move anything less than the portfolio. You could put in a clause that says properties may be closed on independent of each other and/or properties may be individually assigned but it would be easier just to go with 1 contract per property as something you “personally require” (this is not a legal requirement in PA).

  • David Lee Hall, III
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