All Forum Posts by: Jumaani Cooper

Bump

Hello all, new real estate investor looking to use wholesaling as my way in, is there a REIA in the Hampton-Roads, Virginia area? I figured this is where i will build my cash buyer list. Thanks for the help!

For sure

@Lydia R. would you recommend i have the title company draft the contracts so i know they are correct?

@Louis Davis thank you for the help, could you please explain what the due diligence clause does for me?

Ive spent alot of time reading and researching how wholesaling works and i am approaching cking the point where i am ready to start do-ing rather than just reading. However there is one concept i am not to sure on, and that is the contracts used in wholesale deals. At first i thought there was just 1 contract you use and you take that, have it signed by a seller, then have your cash buyer sign it as an assignee, however after lookin Ive found that multiple contracts are used. What is the purpose of each of the contracts used when your wholesaling a property? Is it best to have it made by a local real estate attorney? What clauses are important to include? Thank you so much for your help and time.