Question on wholesaling...

Bird Dogs, Wholesaling
1

If I enter into an options contract with a seller, and then want to turn around and sell that option to someone, is it my right to do that as the option holder or do I have to write something in the option contract saying I have the right/ability to sell the option to someone else, a rehabber for example?

Thanks
Christopher

2

Make sure that the contract allows you to assign it. If it’s not in the contract already, when you write your name, be sure to put “and/or assigns” next to it.

3

Thank You.

4

In some instances where you cannot assign you can add a buyer on to the contract and then deed yourself off at closing.