Putting a house under contract.

7 Replies

Essentially as a wholesaler you sign a contract with the seller which gives you the right to assign the contract to someone else.

Then once you have found a buyer, you assign them the contract.

Go on Youtube and do a search on wholesaling there are plenty of videos which explains how it is done.

Originally posted by @John Thedford :

@Russell Brazil any advice?

 Id suggest coming out to the Gaithersburg meetup (actually located in Rockville) to learn the pluses and minuses of wholesaling. It is this upcoming Tuesday.


There are plenty of versions of assignment contracts in the documents section at BP... check them out.  Probably have your attorney check them out for alignment with state regulations/code.

Good luck!