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Updated almost 2 years ago on . Most recent reply

User Stats

9
Posts
3
Votes
Jason Elkins
  • Rental Property Investor
  • Lexington, SC
3
Votes |
9
Posts

Installment Contracts vs Assignment Agreements

Jason Elkins
  • Rental Property Investor
  • Lexington, SC
Posted

Hello Everyone,

I'm looking for some insight into real estate installment contracts.  This would be used as an alternative to the traditional wholesaler's assignment agreements.  In South Carolina they are cracking down on wholesalers and want to make sure we stay above board.  Thank you in advance!

Most Popular Reply

User Stats

850
Posts
509
Votes
Bryant Brislin
  • Developer
  • Irvine, CA
509
Votes |
850
Posts
Bryant Brislin
  • Developer
  • Irvine, CA
Replied

@Jason Elkins I recommend listening to episode 197 of Wholesale Hotline.  They have a pretty heated and intelligent debate on installments vs regular wholesale scenarios.  I think Installments sound strange and like a lot of problems waiting to happen, not to mention the risk of not being able to sell and then being out the carry costs, etc. 

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