Updated over 9 years ago on . Most recent reply
Step 1- 10 to wholesaling
As a licensed real estate agent in California I often come across deals that I pass along to investors. I would like to start capitalizing on these opportunities by getting properties under contract and then wholesaling them. What contract do I use in California ( Do I use the standard California Purchase Agreement) . For the buyers name do I use my name or do I put something else? Should I use a certain entity to protect me? What type of disclosures do I need to give to the sellers ( Anything saying that I may be wholesaling the property or that the property may be worth more than what I currently have it under contract for?) Am I at more risk because I am a licensed real estate professional?
Your help is greatly appreciated.