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Updated almost 4 years ago on . Most recent reply
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How do I start wholesaling ??
I am new and don’t have any experience , but I’ve done my research and feel I’m ready to start driving for dollars and cold calling . I want to make sure I am doing it right tho and know the process FULLY. When I have contracts that are sound , do I get them notarized with me and the seller? And then again notarized when I find a buyer to assign the contract to ? How do I know if my contract is legit ? Do I take the purchase agreement to the title company as soon as the seller is ready to sing ? I just need someone to show me the ropes . Also I am in the Massachusetts/ NH area
Most Popular Reply
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Hi! I'm also a newbie, so i know how you feel. I got a hold of some contracts(for sales agreement and assignment) and took them to a real estate lawyer to look over and made sure all my bases were covered and asked a ton of questions. After getting a contract signed, you usu have a limited time to take it to the title company and put down an EMD with it. That way also, they can make sure the title is free and clear. I would suggest finding an investor friendly title company to work with, they can provide good insight and let you know what you need to do so far as after getting a contract signed and might let you use their contracts as well.