Learn

New Note

Create a note for yourself from this lesson. Notes allow you to quickly jot down any valuable information you'd like to review later. You can find your notes by clicking on "My Notes" in the profile navigation menu.

Investing Strategies

Wholesaler Essentials: Which Contracts to Use on Private Seller Deals

Want our step-by-step formula for flipping houses from your cell phone? Get it here.

(Note: Want the best system for fixing and flipping houses in the world? This brand new report exposes our step-by-step formula for wholesaling houses site-unseen in ANY area of the country … all from the comfort of your cell phone! Learn more.)

curveIn my position as a blogger and long-time investor, I hear a lot of the same questions from newer investors – and why wouldn't I?  After all, everyone has to go through the same learning curve.

I thought I would answer one of the more popular questions today.  I will follow up with future lessons that answer other common questions.  The question goes something like this:

"In a regular wholesale deal with a private seller, do I use the standard purchase and sale agreement and make it assignable? What contract does the end buyer sign - same one or different one?  Also when do I collect my non-refundable deposit?"

Ok, ok - I know - that's three questions.  But it's the same idea - buyer's want me to walk them step-by-step through the contracts I use in wholesaling. 

So take my hand.  Let’s go for a walk…

The Purchase and Sale Agreement

Let's say you found a motivated seller (Nice job!) who has agreed to sell their house for…


Is there a topic you'd like to learn more about? Request a Lesson

Finished?

+ Mark as Learned

Valuable Lesson? Share it:

Request a Lesson

At RealEstateMogul.com, mogul_guarantee.pngwe’re committed to delivering the awesomest, most practical, actionable content to our members … and that a big part of that is getting YOU to tell us what you'd like to learn from us. Since our REI resources are basically endless, we’d love to tailor our upcoming training as much as possible to precisely match what you, our members, really need and want out of us.

jpsig.png Request form