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Necessary Documents for Wholesaling
Hello,
Where do you get purchase contracts and assignment contracts in a wholesale deal? Are there generic documents online that work? Is it necessary to get a lawyer to put these together for you?
Also, is one version of each document enough? Do they need to be modified deal-by-deal?
I am based in Ohio.
Thank you for the help.
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@Andrew Broxterman Google is your friend!
Here's the Ohio State Bar Association's Real Estate Purchase Contract. It should work just fine, even includes "assignees" under the binding portion:
https://pwc.ohio.gov/Portals/0...
Although not Ohio-specific this assignment contract should do the trick:
https://judicialtitle.com/pdf/...
And no these contracts do not need to be modified on a deal-by-deal basis. If you have some special terms you would normally use an addendum rather than modifying the standard contract.