How to find investor friendly Title Companies/Attorneys?

Question

I could not find this in the forums but probably mostly because I need to un-confuse myself. Does one form a relationship with either an investor friendly Real Estate attorney or a Title company? Or both?

When would you use one over the other?

What is the best way to go about finding such a person or people? I know a few title companies but I have not yet vetted whether they are investor friendly.

What sorts of questions do you ask to find out if they are investor friendly? Do you bluntly ask about their thoughts on double escrow, transactional lending, and contract assignment?

Did many of those who have done wholesale deals visit with a real estate attorney to ensure they don't get trapped into owning a property on accident (if they can't sell it to a cash buyer for some reason)?

Sorry I am completely green here and I apologize if this was asked before, but at the moment I do not see the answers to these questions. And I also apologize if I am all over the map with my questions - just excited to dive in!

Account Closed · Answer

@Simona Potocar

I just recently found a few investor friendly real estate attorneys here in Georgia. I'm on the BP forums a lot. I've seen some local investors mention the same attorneys a few times. I sent those local investors colleague requests and a message asking about the attorneys. I was given contact info and other details about several attorneys. I contacted one of the attorneys through email. He has been extremely helpful. He Looked over one of my purchase and sale agreements and explained a few things about contracts. He answered questions about closings in Georgia. He was very helpful.

I would see attorneys come up in forums randomly or sometimes I would search for something like "Georgia attorneys" or "investor friendly attorney Georgia" or "investor friendly lawyer Georgia". It would bring up all the past forums where people were recommending their attorneys.

Michael Daniel · Answer

Simona, I see that you are RE Agent. So, you know that every state is different in terms of RE requirements. In Georgia, we are required to use an Attorney not a Title Company. Go to your Local REIA or connect with other local investors in your area and find out the Title Company or Attorney that they are using. Sounds like you want to do some RE Wholesaling. Definitely have the Attorney or Title Company review your PSA /Assignment Contract to make sure that it fulfills your real estate objective. Ask the questions of Assignment contracts, Back-to-Back Closing etc. I recommend you go through a rock-solid wholesaling training to understand the do's and don'ts of wholesaling. You don't want to learn an expensive lesson by not knowing.

Demetrius Gatling · Answer

Account Closed Russ is a very help investor. If he is replying to your post, better believe you can take his information to the bank. He referred me to a management company here in Georgia.

How to find investor friendly Title Companies/Attorneys?

How to find investor friendly Title Companies/Attorneys?

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