Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

21
Posts
14
Votes
Maurice E. Stokes Jr
  • New to Real Estate
  • Washington, DC
14
Votes |
21
Posts

How to get legal Wholesale contracts and proper wording

Maurice E. Stokes Jr
  • New to Real Estate
  • Washington, DC
Posted

Hey everyone,

I am from Baltimore Md. I'm new to this group and new to studying wholesaling in general. I'm Definitely looking to get involved but for now just building as much knowledge as possible. I've already started driving for dollars just to get a feel and understand the types of houses I should target. I now know what lists to get a hold of to find potential distressed sellers. The one thing I am more confused on is the actual contracts and wording needed to make everything legal and legitimate. If Anyone can elaborate or point me in the direction i need to go to do my own due diligence is very appreciated.

Most Popular Reply

User Stats

6,681
Posts
7,666
Votes
Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
7,666
Votes |
6,681
Posts
Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
Replied

You can get sample contracts from a lot of sites or other wholesalers, but you want to take that to your real estate attorney or title company and get them to give you feedback on how tight it is. You will want both of those people in your corner for deals. A title company is a better place to start as a new investor as it will have low to no cost and limited expectations.

business profile image
Zen and the Art of Real Estate Investing
5.0 stars
9 Reviews

Loading replies...