Looking for Wholesale Contracts (PSA + Assignment) – North Carolina

Charlotte, North Carolina
Wholesaling
2moFollow

Looking for Wholesale Contracts (PSA + Assignment) – North Carolina

Matt Powers
Investor · Member since 2024 · 8 posts · 16 votes

Hey BP community,

I'm a wholesaler based in North Carolina just getting my operation off the ground and looking to make sure my paperwork is solid before I start locking up deals.

Specifically looking for:

  • - Purchase and Sale Agreement (for getting the property under contract with the seller)
  • - Assignment of Contract (for assigning my equitable interest to my end buyer)

Ideally NC-specific or at least investor-friendly language that holds up in the state. I've seen a lot of generic templates floating around online but want something that's actually been used in the field.

If anyone has contracts they've used successfully in NC (or even general investor-friendly versions they'd be willing to share), I'd really appreciate it. Also open to recommendations for a real estate attorney in the Charlotte area who works with wholesalers or investors — someone who can review contracts and make sure everything is buttoned up on the legal side.

Happy to connect and return the favor however I can down the road.

1Reply
113 views

5 Replies

Jump to latestLatest
  • Travis Goodwin
    Wholesaler · Charleston WV · Member since 2026 · 211 posts · 115 votes
    2mo

    Hey Matt,

    Congrats on getting your operation off the ground.

    One thing I'd strongly recommend is having a local North Carolina real estate attorney review any contract you're planning to use before putting properties under contract. Every state has nuances, and a few hundred dollars spent upfront can save a lot of headaches later.

    Beyond the paperwork, I'd encourage you to spend as much time building your seller conversation skills as you do looking for contracts. Most wholesalers focus on documents, marketing, and buyers lists, but the real advantage comes from understanding motivation, asking good questions, and building trust.

    As for buyers, start building relationships now. Reach out to local investors, landlords, agents, flippers, hard money lenders, and attend investor meetups in your area. A strong buyers list is really just a strong network.

    The contract matters, but conversations create opportunities. The better you get at talking with sellers and investors, the easier everything else becomes.

    Wishing you the best as you get started. Keep taking action.

    0Reply
  • Jackson Boatwright
    Real Estate Agent · Charlotte, NC · Member since 2026 · 21 posts · 10 votes
    2mo

    Hey Matt, 

    I'll speak highly of 24-Hour Closing; they have a few offices around the Charlotte, NC area. On their website, they have a catalog of forms and contracts that you can use as you bring deals into their office (or anywhere else, probably). I know they have purchase agreements and assignment contracts on their site. 

    I'm an investor-focused real estate agent in the Charlotte, NC area. I'd be happy to connect and discuss how we may be able to partner together as you get your operation rolling. 

    0Reply
  • Carson Nordmann
    Member since 2026 · 119 posts · 42 votes
    2mo

    NC State Bar has weighed in on the assignment-of-contract issue before. The short version: if you're marketing the contract itself rather than the property, some title companies in NC will flag it. Finding a closing attorney who does a lot of investor transactions before you lock up your first deal is worth the call.

    0Reply
  • Igor Ganapolsky
    Englewood, NJ · Member since 2018 · 231 posts · 24 votes
    1d

    Building on Carson Nordmann's NC State Bar insight (119 posts, 42 votes) about how some title companies flag assignment marketing — and Travis Goodwin's point about conversation skills mattering more than documents (202 posts, 111 votes, Charleston WV wholesaler) — I want to add a perspective that might save you months of template research.

    The contract question is important, but it's also the safest question to focus on. Templates are everywhere, attorney reviews are affordable, and Jackson already pointed you to 24-Hour Closing for forms. That's all solvable. But here's what I've seen: most wholesalers spend months perfecting their paperwork before they have anything to put the paperwork on.

    The harder question — the one that actually determines whether you have a business — is: where are your motivated sellers coming from?

    I source deals through county data convergence. Three public databases, same property:

    1. Tax Collector — tax delinquent list (Mecklenburg County has hundreds)
    2. Code Enforcement — active violations with documented property conditions
    3. Clerk of Court — probate filings, liens, pending litigation

    When a property shows up on all three, you have government-confirmed motivation. The tax collector says they can't pay. Code enforcement says the property is deteriorating. The clerk says ownership is in transition. That's not a cold lead — that's a seller with a problem they can't solve alone.

    Here's why this connects to your contract question: when you call a seller with county documentation in hand — "I noticed your property has three active code violations and you're two years delinquent on taxes" — the conversation is completely different. You're not a random wholesaler cold-calling about their house. You're someone who's done their homework and is offering a solution.

    The seller doesn't care which PSA template you use. They care that you understand their situation and can close. The contract becomes a formality — the real work was finding them and building trust.

    Carson's right about the NC attorney — find one who handles investor transactions. But I'd sequence it differently: first, learn Mecklenburg County's three databases. Cross-reference tax delinquent with code enforcement. Get 10-15 converged properties. THEN call the attorney with a specific deal to structure, not a hypothetical.

    Matt, you're in Charlotte — Mecklenburg County publishes all three databases publicly. The tax delinquent list is updated annually. Code enforcement violations are searchable online. Clerk of Court probate filings are public record. Start there, build your converged list, and the contract question becomes much more concrete because you'll have real deals to put under contract.

    The order that works: county data → motivated seller conversation → signed contract → THEN attorney review and assignment to your buyer. Most beginners reverse it and spend months on infrastructure before they have anything to close.

    0Reply
Join the conversationCreate a free account to reply, vote on answers and follow this thread.
Log InJoin for Free