Wholesaling question - Posted by Sean

Real Estate Investing
1

Posted by Sean on April 17, 2006 at 19:28:49:

Thanks for the advice. How to and where to file a memorandum of agreement?

Thanks!

Sean

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Wholesaling question - Posted by Sean

Posted by Sean on April 17, 2006 at 07:50:29:

I am new to REI and want to start with wholesaling.
If I identify a property, make the contract with $10 earnest money with the seller, and then find a retailer, show what the property is, how can I prevent the retailer from cutting the deal direct with the seller?

3

Re: Wholesaling question - Posted by dutch

Posted by dutch on April 17, 2006 at 18:54:43:

Get the property under contract. If you are really worried about it, also get and file a memorandum of agreement.

Get Bronchick’s course on Flipping if you plan to do this business. It will keep you out of trouble and teach you this kind of stuff. Available here or at legalwiz.com

Dutch