Updated over 6 years ago on . Most recent reply

Wholesale property with Leaseback
I just paid the token 5K amount for a property in Dallas to a well known wholesaler in the area after a silent bid. The wholesaler is telling that the closing will happen in 1 month and the seller needs to have 1 week of leaseback after the closing.
Are there any potential risks such as squatting when I do a leaseback? What are the documents I need to have to make sure I'm reducing risk?