DFW - Legal Counsel & Title Company Recommendations

[Austin B.]

Hi everyone,

I'm new to REI and have taken an interest in wholesaling. I've done lots of research and I'm ready to give it a go. However, I'm seeing lots of mixed opinions on what contracts to use. I see a lot of people recommending the TREC 1-4 but I see others opposed to using it and instead suggesting something simpler.

Can anyone recommend an attorney who I can consult on contract usage? Looking to either get advice on using the TREC contract, or getting a new contract drafted. Also looking to get an assignment contract drafted. If anyone would be willing to share their contracts, that would be awesome. I would also be grateful for any investor friendly title company referrals. I'm located in the North Dallas area.

Thank you!

[Francisco Lucero]

@Austin B. if you go to https://home.flipwithrick.com/freewholesaling they have a lot of good training but the also offer free purchase and assignment contracts to download. It may be worth taking that when you find a real estate attorney and having them look over it. I'd imagine that would be more cost effective than asking them to draft a whole new contract. A lot of what I have heard from more experienced wholesalers is that the TREC contract can be very overwhelming and make sellers kind of nervous. Something shorter and more clear cut helps their comfortability level and looks less like there may be something hidden they may overlook. I am using Texas Secure Title but I use the Ft Worth office and have a personal connection there so mileage may vary, but at least it is somewhere to start. If you are not sure what to ask flipwithrick also has specific videos on working with title companies and what to ask. Good luck I am in Arlington and just starting also so reach out if you ever have any questions about this side of the DFW market.