I’m about to go under contract to sell a rental condo here in Orange County and I’m looking to take the proceeds and buy about 6 SFRs.

The wholesaler gets the property under a P&S contract, then sells that contract to the end buyer and is paid an assignment fee.A "bird dog" finds properties matching the buyer's criteria, similar to a wholesaler, but does NOT get the property under contract, similar to a buyer's agent / broker.

Are Contracts of Sale illegal?

Ideally you want to be sitting at their kitchen table, contract in hand, when the truth dawns on them.

Here in TX, there is more to the contract than just the sales price....

I have a JV contract but I'm a little lost.

I added in vacancy (10%), property management (10%), maintenance (10%), $1k/yr for Contract services, $750/yr for legal costs, I escalated the taxes, insurance and utilities by 3% (numbers provided are from 2017).

Hi everybody, I just got my first duplex under contract and will be financing it FHA 3.5% owner occupied, so a little good old fashioned house hacking.

Does anyone have any advice for entering into a land contract?

Is it simply just the contract?