Need advice !? New to wholesaling but I have my first deal.

3 Replies

Do I sign the purchase and sale agreement with the listing agent ?

If so after that what do I send to my cash buyer ? I'm sure its assignment of contract but do I make a new purchase and sale agreement as me listed as the seller ? Need help on first deal I'm a rookie turning pro !

Originally posted by @Isaiah Pearson :

@Prince Alston, I would recommend JV the deal with someone who would be able to show you how to go about finding a cash buyer and closing quickly.

 You didn't answer my question lol but I have 4 cash buyers im currently in negotiations with.

If you intend get the property under contract, you typically sign the PSA with your name/biz name on it and send the mutually accepted PSA along with an assignment agreement to the end-buyer.