New Real Estate Investor
Greetings BiggerPockets Community,
My name is Trevor Harris and I am a recent college grad interested in becoming a part time real estate investor (for now). Specifically I am looking to utilize Wholesaling in order to build capital to start purchasing rental properties. With that said I wanted to ask the Bigger Pockets Community for some assistance by asking some questions in regards to wholesaling.
1) Would anyone with experience recommend performing an assignment wholesale or a double close wholesale?
1A) With a double close wholesale what prevents the cash buyer from backing out of a deal during the small period of time the wholesaler does own the property?
2) What are the best ways to do research in order to build a list/find motiviated sellers, distressed properties, or vacant properties?
3) Does anyone have a sample for an assignment wholesale contract they issue or have issued to motivated sellers as well as the assignment contract they issue or have issued to the cash buyer? Or a sample of a double close wholesale contract?
Any help or input would be greatly appreciated!