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Updated almost 10 years ago on . Most recent reply
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Can anyone tell me what kind of contract do i need to wholesale houses in Indiana? Please...
I'm looking to start my career off as a wholesaler in Indiana but I am very confused on what contract to use. I looked in the "resources" and "fileplace" but there is so many contracts that I don't know which one to use.. Can someone show me the exact one to use for wholesaling and for general purchase.?
Please..
Seems as no one wants to help out when i ask this question before.
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You can use any Purchase and Sales Contract (PSA) . The key is that it is Assignable in your state. Generally it just requires a sentence somewhere in the PSA that says it is Assignable.
The simpler the contract the better so as to not confuse the Seller. My PSA is just 1 page long.
You will also need an Assignment of Contract to be able to sell your deal to an investor buyer.