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 almost 13 years ago,

User Stats

6
Posts
0
Votes
Stacy Steven Smith
  • Real Estate Investor
  • Glendale, CA
0
Votes |
6
Posts

Excercising option as trigger point for sales contract?

Stacy Steven Smith
  • Real Estate Investor
  • Glendale, CA
Posted

Please forgive my newbie question regarding wholesaling,... but is it possible, or common, to put in your sales contract that it commences upon the excercising of the seperate Option contract? The Option to Purchase will of course have an expiration period, and thus if never excercised, should you not be able to find a buyer, the sales contract would be void.

I had assumed this is how it would work, but after seeing some comments on this forum,..I'm not so sure I've got it right. Any observations would be greatly appreciated.

Loading replies...