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Updated almost 17 years ago,
Questions for Experienced Wholesaler
Hello I'm new to wholesaling. I have read books and went to wholesaling seminars. I have decided that I want to assign contract to investors. Went to a couple of the guru's seminars(free one's) they always tend to leave alot of information out.
The part where I'm confused is contracts. I have never owned a house before so I have never seen a Purchase sale Agreement aside what the seminar guru's gave me. I know I'm suppose to have a Real Estate laywer to look over my contracts but I cant' afford one right now.
How many pages a standard contract should be?
I can't afford a laywer to view over my contract, so is it ok to get my contratcs from Office Depot?
What are the steps of wholesaling once a seller accepts my offer?
Who pays for the closing cost? I was told that either me or the buyer has to pay.
My goal is to rack up as much money from wholesaling to eventually buy and hold a property. I want to pay my debts first.