Updated almost 8 years ago on . Most recent reply
Structuring a wholesale deal
I have a lead from a guy that has a friend who is trying to sell his house. I plan on wholesaling this deal and double closing. What kind of document should I sign with the guy who brought me the deal? He is requesting a 5K finders fee which is fine, I just don't know what docs to use to insure he gets a check at closing. Would I write that up as a contingency/condition in the agreement for sale or use some sort of JV agreement? Thanks in advance!