Can you use 1 contract when buying a package of SFR's?

3 Replies

Can I use a commercial purchase agreement to buy a package of single family houses, or will I need to fill out a purchase agreement for each house? 

@Austin Works

When I put together package deals, my title company allows me to attach the remaining properties, as part of an Exhibit. I only fill out one PA, then attach the Exhibit for the rest of them. 

Hopefully your title company can/will allow you to do that. 

Originally posted by @Austin Works :

@John K. would you mind sending me a copy of the exhibit you are referring to?

Just create a word doc and put Exhibit A at the top. Then reference it in the actual contract. That is all I do. 

 

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

We hate spam just as much as you