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Updated 12 months ago on . Most recent reply
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Installment Contracts vs Assignment Agreements
Hello Everyone,
I'm looking for some insight into real estate installment contracts. This would be used as an alternative to the traditional wholesaler's assignment agreements. In South Carolina they are cracking down on wholesalers and want to make sure we stay above board. Thank you in advance!
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@Jason Elkins I recommend listening to episode 197 of Wholesale Hotline. They have a pretty heated and intelligent debate on installments vs regular wholesale scenarios. I think Installments sound strange and like a lot of problems waiting to happen, not to mention the risk of not being able to sell and then being out the carry costs, etc.