All Forum Posts by: Dylan Benton

@Tommy Adeoye thank you so much. Closed on the deal today. I made a profit of $6500 and put nothing into it. I appreciated the help.. going to be the start of something great!

@Tommy Adeoye I had the owner sign a purchase agreement and I also created an assignment of contract.. where do I adjust the price from what the seller is selling to me for and what I’m selling it to the buyer for? In the assignment of contract?

@Tommy Adeoye I appreciate it a lot. I’m looking for the forms now and am meeting with the home owner tomorrow morning to sign everything. I already found a seller so once the home owner signs the paper work I’m going to set up a closing. I appreciate it a lot. Thank you!

@Jim Pellerin do you just write up your own then? I just want one that’s cut and dry and covers myself!

@Jim Pellerin do you make your own or do you have an attorney write it up? I know the lady so I have a few days to figure out the contact... it’s my first wholesale deal and just want to make sure I do it right. I’ll call an attorney tomorrow just didn’t know if there were any on here that people would share. Thanks Jim!

@Brandon Vukelich only one way to learn how to do something and it’s by doing. I know the lady and she’s letting me wholesale it just didn’t know the best way to get a contract written up, if I could make my own or if there were any on here that people recommend. I’ve bought several rentals but never wholesaled. Just trying to get my feet wet in it.

I found a homeowner that is willing to let me wholesale their property.. how do I get a good contract?

My name is Dylan, I’m 21 years old and have 6 properties currently. I have 1 duplex, 4 single family rentals, and 1 that I’m flipping rather than renting.

I bought my first house when I was 19 and it took me 2 years to get it done and turn it into a duplex. I got it finished and rented in fall of 2019, refinanced the house and now I have purchased 5 houses in the last 6 months!

I’m in the process of structuring an owner finance deal of 16 rental properties and was wondering the best way to structure it? I want to make sure the deal is juicy enough for the seller and that it works out for me cash flow wise as well. Thanks!!!