Wholesaling in Texas, what's not allowed?

[Octavia D.]

Wholesaling in Texas, what's not allowed?

1) Does Texas require anyone (licensed or not) to use their Purchase and Sale contracts or will they accept the one you or you're attorney writes up?

2) When doing a lease option, does the 6 month limit also apply to a Master-Lease Option when buying apartments?

3) A lease option on residential properties, how many times can you re-write the contract to extend the lease option period?

4) Does anyone who does deals in Texas have any recommendations for a:

    * Title Company

    * Escrow Agent / website

    * Notary

    * Attorney, Enrolled Agent, Accountant

    * Rehabbers

    * Realtor/s

( who works best with investors? )

Thanks so much guys

__________________________________

[John Jackson]

@Octavia D.  You don't have to use a TREC contract, as a matter of fact, I prefer not to, as the wholesale doc I use is very pro-me.

The 180 day part of Title 2 Chapter five does not apply to commercial.

You can extend so long as the contract or series of agreements don't go beyond 3 years.

I use Texas Title in Colleyville.

The attorney is very area specific, so it depends what you need.