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Wholesaling

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Josh Childers
  • Investor
  • Columbus, OH
5
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15
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Ohio Wholesale Deal

Josh Childers
  • Investor
  • Columbus, OH
Posted Feb 4 2016, 09:06

I've recently moved from Texas to Ohio and currently working on the paperwork for my first wholesale deal in Dayton, OH. I'm licensed in the state and know that disclosure is absolutely neccessary. With that being said, the representation disclosure form in Ohio states who I represent in the transaction. Therefore, when signing the contract I represent myself as the  buyer, however, after assigning the contract I have ownership interest as the seller? Therefor I'm representing myself as the seller. I'm curious as to how to fill out the disclosure form and stait my interest in the transaction. Because I don't want to be responsible for representing the seller or the end buyer in which I pass my interest on to. Any suggestions on disclosing my interest in the transaction from a realtor/wholesaler side of things?

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