Wholesale Help!

[Al Johnson]

Hey BP,

I am a new investor looking to Fix and Flip. I made offers on a few properties, never anticipating have all accepted, but there is a strong possibility that this can happen. If all go through i will run out of cash and need to wholesale one of them, the only problem is that I've never done a wholesale deal before (or any deal rather). The deal that I would look to wholesale has a quick close date of about 2 weeks. Here are my questions 1) Could i sell the deal to the other buyer that i was in competition with during the bid process (this person didn't have cash, and wanted to finance)? 2) What happens if i have to close prior to finding a buyer but still need to get rid of the deal prior to closing on my other fix and flips, will i have to pay closing costs or is this something i could write in the wholesale contract? 3) Does the seller need to be made aware that I am assigning the contract to someone else? Also, i would be using his title company so would i need to contact them for a double close (if that's even an option)?

Please Help!! I don't have any contracts or anything and would need to find a generic one from somewhere to use to shop/assign this deal.

Thanks,

Al