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Wholesaling

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Kiyon Harley
  • Investor/Developer/General Contractor
  • Washington, DC
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Wholesaling Contracts Process (Guide) ???

Kiyon Harley
  • Investor/Developer/General Contractor
  • Washington, DC
Posted Nov 28 2011, 07:47

Hi and thanks in advance for your help ;)

I am a newbie wholesaler and wanted to know what order do you present the contracts in during the deal phase. I've seen a different "gurus" give different methods for the contract process/steps.

For example do you first have the seller sign an "Options Agreement" and secondly sign the "Purchase Agreement" and then Thirdly do the "Assignment Contract" with the end buyer?
OR do you simply have the seller simply sign a "Purchase/Sale Agreement" then find an end buyer and use the same "purchase and sale agreement" with your end buyer??

With so many contracts out there I just wanted to make sure I have all bases covered....some "gurus" refer to getting options agreements first and some dont..what do/should u do?

Thanks everyone!

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