Wholesaling - Contract Questions

[Steve Christensen]

I am at a loss on what contract to use and what terms I should fill out.

I was recently told that an Option Contract is the least binding, and that if I do find a buyer, that I'm going to have to go back to the seller to get a Purchase & Sale Contract signed anyways.

While I do have the ability to close, if I want, at this time I simply want to wholesale everything I come across. I am licensed, but it is currently inactive, so I don't believe I can use the associations Special Sales Contract.

I am up front and honest with the sellers that it may be myself or another investor purchasing their property. 

With this information, what contract would you use? Is it true that I have to get a Purchase & Sale Contract signed after the fact if I find a buyer and all I have is an Option Contract signed? If that is the case, can I just get a Purchase & Sale Contract signed, disclose that I am marketing the property, say for 15-30 days?