Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 11 years ago,

User Stats

56
Posts
12
Votes
David Jonsson
  • Investor
  • Madison, WI
12
Votes |
56
Posts

Do I want the contract to reflect my name or my LLC?

David Jonsson
  • Investor
  • Madison, WI
Posted

I verbally (email) agreed on price with bank, that they will sell to me at. They didnt want to sign the one-page offer I sent, which is fine, but they have attorneys they use for Offer To Purchase contracts. Which is fine, I will just add my own contingencies and escape clauses.

These are the terms I asked him to have attorneys consider when drafting contract: as-is, 45 day financing contingency, 21 day inspection period, assignable, net to seller (buyer pays closing costs).

He knows I intend to assign the contract. So next step is see what they send me. Once we settle on terms in contract, I will begin the next phase of marketing to a buyer! Any comments appreciated...

Loading replies...