The auction site has some pretty strong language (I.e. buying as-is without an inspection contingency), and a 4.5% "buyer's premium" on top of their ******** "technology" fee of a few hundred bucks.

I’m in the process of building a team but it is far from complete and I now feel that REI isn’t a foreign language anymore.

Standard agreement language.

. :) Everything in life happens for a reason......I can talk to you and J Martin forever because I feel like we speak the same language when it comes to finance.

In addition to what @Joe Gore said, you need language in your lease stating that money received is first applied to outstanding utilities, fees and last to rent owed.

Govt entities not talking the same language.......shocker!!

Spanish is primary language spoken in household.

Typically a contract will say the seller conveys the property "free and clear of all liens and encumbrances" or similar language.

They aren't wise to the language and mechanics of the contract, etc. and many couldn't care less if you may be able to take a turkey off their hands.P.S. all that said, it is not necessary to have your RE license... there are many successful investors that don't...

I don't regularly wholesale but my understanding is that you can use the standard forms and just put the assignable language in it with the buyer name and info.For a double close you should not even need to alter anything.That being said I think that many people will have their own contracts with them written the way they want to have a little more CYA stuff in their.