Chicago, IL · Member since 2016 · 17 posts · 2 votes
Hi, everyone. Still researching since I am fired up about getting back in the water of real estate investing. I was wondering where you get the paperwork for wholesaling. Do I need to get with an attorney before I start and the attorney completes the paperwork or is there a generic version I can simply pull from the internet?
Alpharetta, GA · Member since 2018 · 70 posts · 20 votes
8y
Hi Ernie,
The contract is very important, it took us years to put together a 2 pager that protects us from all the BS that can possibly kill the deal. Be careful downloading something from the internet. A real estate attorney can help you put one together. Do you have an LLC set up?
Chicago, IL · Member since 2016 · 17 posts · 2 votes
8y
Hi, Lana,
Thanks for the info. I have an LLC set up. It's a series LLC, since I discovered during my research that series LLC is the way to go rather than buying a different LLC for each property. However, no one at the county building seems to know how I go about putting property in the series. I have one property now in my LLC, but I want to try my hand at wholesaling and flipping. I don't want to have the properties connected and should I decide that one would be better becoming a buy and hold, I would like to put it in the next slot of the series LLC. Can you recommend a real estate attorney?