Can somebody tell me the paperwork required for wholesaling in North Carolina. I have only heard of contracts and assignment contracts but nothing with an exact name. Am I using the NC Offer to Purchase and Contract for the contract between me and the seller of what?
@Chris Newsome There are 2 documents you need for wholesaling. The first is a purchase and sale agreement , unfortunately this is called different things in different places. You should be able to find it through your state real estate association or commission (that tends to have different names in different states as well). You can always reach out to any realtor (Zillow, Realtor.com etc) and ask for the name of the contract you would use if you wanted to make an offer on a house. A google search should be just as effective though.
The second document you need is an Assignment of Contract form. There isnt a standardized form, you can have an attorney create one specifically for you/your LLC to use or you can download one from the Bigger Pockets downloadable forms section and make any necessary changes.
Welcome to the BP family! Good to have you here! Here are some recommendations for you:
Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/users
Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts
Read Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing
Check out BP Podcasts: https://www.biggerpockets.com/podcast
If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box. He or she will be notified of being tagged so that the conversation will continue.
Wishing you the best!
Free eBook from BiggerPockets!
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.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you