Option to purchase contract

Bird Dogs, Wholesaling
1

Does anyone have a good copy of an option to purchase contract or a link to a free one we can use.

Please help I am in the middle of doing an assignment and think this is a good tool for this occasion.

Please advise, I am trying to make sure I get our funds at closing once we flip this property.

Please advise as to any suggestions to make this transaction as smooth as possible.

Thanks to all you gurus outhere in advace.

2

There was one posted in the Forum a week or so ago…

http://www.reiclub.com/forums/index.php?board=29;action=display;threadid=24328

Keith

3

Keith,

Thanks for your reply, I wanted to post a second question.

What if any is the best way and tools needed to flip a property? I am kind of worry I don’t know what the outcome will be, but if you have any advise that will ensure our funds at closing it will be greatly appreciated.

Thanks in advance

4

You may want to use a “memorandum of option” and record it in the county. This will cloud the title, so that the deal will not close until you are paid.