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Updated almost 9 years ago,
Wholesaling scatterbrained confusion
Okay I have spent countless hours reading and watching videos. Basically what I have learned is:
Find a great deal. Get it under contract. Call the title company. Make sure you have an end buyer. Close and wooo freakin whoo.
I have heard these steps over and over again, but I feel like a lot of important information is left out and it is driving me crazy. I would love to just start calling a million people today and give them offers on there house... but wait, is that even how I put an offer in on a house?
Assignment contracts? where do i obtain these?
Do I simply bring the contract to the sellers house and have them sign it and it is that easy?
Is that all the paperwork that is needed on my part for this whole deal?
So assuming that I got a good deal, i brought the paperwork directly to the seller to sign, I called my end buyer, he liked the deal, now I simply wait for the closing day and boom i get my deposit check and wait for the rest of my money? Looking at it first person is this really all the physical actions I need to do?
Also if someone is selling a house and they have a Realtor helping them, can I just directly call the owner of the house and offer a price to get the house sold asap or do I need to be talking to the Realtor?
I have no car and I have every intention on putting every ounce of energy I have into this. My goal is to get a car so I can transport myself to college and live out my dream of becoming am trauma surgeon. This is an avenue I would like to explore, but I need to make sure I have all the correct information in place so I can make the right decisions and be confident in what I am doing.
Thanks in advance to anyone who can help answer my questions, which I am sure will turn into many more.