Dealing with Wholesaler - Should I review contract with lawyer?
Hi BP,
I've been looking doing the BRRRR strategy on my first property in Kansas City, MO with a wholesaler and I am fairly interested in moving forward with it.
Just a quick question, when you're not dealing with a buyer's agent, do you typically hire a lawyer to review the contract documents to make sure that you are covered properly?
The way that I understand the process is:
- wholesaler drafts contract with contingencies such as inspection, title search
- I review and sign - with a lawyer?
- property goes to title search and if all works out, I wire the money and the deed becomes mine.