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Updated over 3 years ago on .

User Stats

7
Posts
3
Votes
Sid Sriram
  • Investor
  • New Jersey
3
Votes |
7
Posts

Setting up Contracts for my first Wholesale

Sid Sriram
  • Investor
  • New Jersey
Posted

Hi all, I'm a new investor trying to use wholesaling as my starting strategy to build capital in my portfolio.

I have begun reaching out to property owners and potential buyers to build my network. I want to start giving out offers to property sellers so I can get the ball rolling on my first deal. However, I do not know how to set up the buyer/seller contracts and get the deal secured to get my wholesale fee. Are there contracts available online? Do I need a lawyer or legal representation when asking the buyer/seller to sign these contracts?

If any wholesalers from NJ see this post and would like to connect, I would love to hear your thoughts.