Can anyone provide a place (website) where I can obtain a form for buyer/seller “Purchase Contract” when doing a wholesale. I’ve obtained lots of information about how to do Wholesales but it’s hard to pin point the correct form to use for the seller. I looked on REIClub’s form area but wasn’t sure which one to purchase for wholesaling.
There isn’t a typical wholesaling purchase contract. You can use any purchase contract as long as it’s assignable. I would have to beleive that if you purchase the forms from REIClub site, they would be useful.
any purchase contract is assignable unless it is expressly prohibited in that contract. Just make sure whatever p&s/sales contract you use does not prohibit assignments, and you can assign it.