Handling contracts for my first wholesaler deal

[Rich Wahl]

hi everyone.

I'm wondering if it makes sense for me to let a realtor I know here handle the contract portion of myfirst and second deal so i can learn from her.

Im not too worried about cutting into my profit on the first and second deal but rather more worried about messing something up legally, as that is the area I know the least about.

I contacted a lawyer in my area and he said he charged $1500 for contract reviews, which I know is high.

So my question is, do i use a rea or a layer to handle my contracts the first few times?

Thanks for your input !

[Manny Cirino]

I think the better answer is neither! You could go through a title company. Find one in your local market and ask them for the contracts they will send them to you, also ask them to walk you through them. Fill one out with them and market SAMPLE as a a go to guide. The FARBAR 'as-is" Purchase and Sale Agreement is extremely simple. I could even assist you if you really need it.

You should not be paying $1,500 for a simple contract review. The FARBAR are standard and simple FL contract.