I am talking to individuals in my area who are investors and buy properties. I mentioned that I am starting out in the business myself and would need someone to sell contracts to. These individuals said that they woul...

Hello everyone,No offense to Realtors on BP, but I've got to ask this question of my investors in California.In CA, the California Association of Realtors Purchase Agreement has a "no assignability" clause in the cont...

The topic of wholesale activity came up in a discussion among Illinois real estate attorneys. One attorney shared an email exchange he had with an attorney at IDFPR.  I'm sharing here to help keep the community inform...

Can someone explain in short or in detail how wholesaling works? I'm not sure that I understand the concept. I'm new to the business.

If I have a property under contract. Could I sell it to one of those bill boards that you see all around town. That says we buy houses fast? How would that process work if it's not my actual house and all I have is a ...

We've submitted a complete package to Indymac. They are as slow as they come. We sent over a standard P&S agreement with the addendum attached. They said it looks like we are trying to assign the contract, and the...

Hi my name is Jessica it has been a while sense I have posted to this site. I actually forgot of it as a resource. I then remembered the time and detailed information I was able to receive here. 
I always hate asking...

Do I have to have the sellers permission if I am assigning a property that is listed by a realtor and I let the agent know exactly what I'm doing?

Hello, I currently have a pending contract on a property. The real estate agent said I have to put in a EMD (Earnest Money Deposit) which is 1k. I tried borrowing yet no avail. This is my first time wholesaling and fr...

Ok, so my marketing campaign is beginning to work. Ive received a few calls so far. One was from a motivated seller that is tired of the commute to his rental property. He tells me that it is currently listed. Ive ...