Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
10+ investment analysis calculators
$1,000+/yr savings on landlord software
Lawyer-reviewed lease forms (annual only)
Unlimited access to the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago on . Most recent reply

User Stats

10
Posts
1
Votes
Lily De Filippo
  • Wholesaler
  • Chicago, IL
1
Votes |
10
Posts

A bit new to wholesaling

Lily De Filippo
  • Wholesaler
  • Chicago, IL
Posted
Hello all! I have a couple of questions with some background info. My ex fiancé and I purchased a LLC back in Phoenix for our wholesaling company. Now the guy recently ditched our son and I and I really want to take this thing on on my own. I'm in Chicago and I have read into wholesaling (before I was just doing the emails me contracts while he did all the "work"). My questions are: Do I need an LLC in on order for me to wholesale? (the LLC was in his name) Where can I get my contracts reviewed for little cost so that I can make sure they are legit and up to par in the city of Chicago? In case I put a seller under contract, and the numbers don't add up, or no one wants the deal, do I need another contract in order to cancel out our current one or ...? I'm confused about the exiting clause. Finally there was a moment in time where we had three homes under contract but no one wanted to purchase them because they were manufactured. I'm having a hard time understanding why exactly no one would want to purchase them? Sorry if this post was a bit redundant but I want my business to succeed and I can't be afraid to seek answers! Thank you all! 🙂

Loading replies...