Illegal for Wholesailer to Create Deed?

[Michael R.]

Hello,

I do not wholesale (yet). Usually I buy a property, take title, then sell it and transfer title to new buyer. I have a few deals a seller called me with and I would like to make some money off them. However I do not want to take title to these houses and am considering wholesaling them. My question is if I wholesail it can I make the deed for the transaction myself or do I need a lawyer? As long as I am not charging to prep the deed then I am not acting as an attorney correct? I prepare my own deeds for my usual flips but I am the recoreded owner of the property. I am not sure of the legalities of this being just the guy in the middle. Thanks

[Rob Gillespie]

Michael,

You could fire your dentist and buy a pair of pliers to pull your own teeth too! LOL!

I would not try to save money there. I even have my attorney draw up my lease purchase agreements. I say spend your time makin deals and let the attorney make a couple of hundred bucks.

Not illegal, but not a great idea, just my 2 cents. :mrgreen: