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Updated almost 6 years ago on . Most recent reply

TX RE Investors using TREC to Wholesale
Hello All,
I was wondering is there anyone from Texas who uses the TREC contract to wholesale, and is there a step by step or tutorial on how to complete that contract for a wholesale deal? I see some one pagers, and some who use TREC and I would like to be able to navigate through both contracts.
Most Popular Reply

@Darionn James-Trigg Before I obtained my real estate license I used the TREC 1 to 4 for all my acquisitions. Anyone in the state can use this contract to acquire a property up to 4 doors. Hence the "1to4." I took the time to understand each section and explain it to the sellers before having them sign the contract. That way there was never any issues with the transaction. I still do it today when helping clients buy and sell here. Devil is in the details. So do yourself a favor and do some research local REI clubs there in San Antonio. They should offer a wholesaling class that will explain the 1to4 to you you. If not, follow @Bruce Lynn advise and contact a local tile company offering classes on the 1to4 or Champions School of Real Estate. They offer online classes on the 1to4 as well as in person.
- Joe Funari