Purchase and Assignment Contracts

4 Replies

@Scott Johnson I got my assignment contract from Bigger Pockets. I then had my real estate attorney review it. Click on the resources tab then FilePlace. I got my purchase and sale contract from my real estate attorney.

Attend a local REIA meeting and speak with an experienced wholesaler. They should have no problem passing you the P & S and Assignment contracts. You get something that not only works in your state but also accepted by the local title companies.

For wholesaling purchase agreements and assignments, I definitely recommend talking to an experienced investor and/or a local attorney who KNOWS what wholesaling is. Each state has slightly different rules. Some states even require a license to wholesale, or have rules about how you can do it without a license. That's the biggest issue. Simple contracts and assignments can be pretty universal, but experiences investors will have certain clauses that they stick in to cover issues that arise locally. 

Happy investing!!

Jeff