Updated over 8 years ago on . Most recent reply
How do I protect myself while splitting a wholesale deal?
Someone I met at a real estate networking meeting has a house under contract that he was going to flip but instead wants to wholesale. I have a few cash buyers lined up so he agreed to split the assignment fee with me. How do I make sure he holds up his end of the bargain? Is it as simple as a promissory note? Or is there a better way?