Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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 about 7 years ago,

User Stats

1,394
Posts
1,178
Votes
Allan Smith
  • Developer
  • Nashville, TN
1,178
Votes |
1,394
Posts

How to structure wholesale deal with hedge fund (AH4R)?

Allan Smith
  • Developer
  • Nashville, TN
Posted

My partner and I found an off market house that fits American Homes 4 Rent's model. They made an offer. We offered to the seller, they took it later on, and we tried to assign the contract (like we've each done over a dozen times with other buyers), only to find out their legal team would shut it down. They want to use their contract and have it be between them and the seller, with a "finders fee" line item on seller side HUD. They won't sign a finder's fee agreement with us or anything.

So frustrating, especially after I let AH4R know that we assign our contracts! They even said they buy from wholesalers, but rarely. This is only slightly absurd and not sustainable if we were ever to wholesale to them again.

So, does anyone have strategy recommendations for how to do the paperwork for a deal like this? Any tricks of the trade?

Loading replies...