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Updated almost 7 years ago on . Most recent reply

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Daniel Welch
  • Gig Harbor Washington
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Wholesaling contracts in Washington State

Daniel Welch
  • Gig Harbor Washington
Posted

Hello BiggerPockets members,

My name is Daniel Welch and I live in Gig Harbor, WA.  I am new to the real estate industry and would like to start my business with wholesaling to generate enough operational costs to progress to rehabbing and eventually rentals.

It was recently mentioned to me that I have to have two separate contracts to complete a wholesale deal. One purchase and sales agreement contract with the seller, and a separate assignment contract for the buyer. Through all of my research and training videos I've only seen one ever mentioned. Can I please get some advice?

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