How to Wholesale a House and Assign Your Contract

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How to Wholesale a House and Assign Your Contract

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Jerry Norton went from digging holes for minimum wage in his mid 20's to becoming a millionaire by the age of 30. Today he's the nation's leading expert on flipping houses and has taught thousands of people how to live their dream lifestyle through real estate.

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Would you need to put the property under contract or get a LOI first prior to assigning?

yves
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What I’m confused about how do the title company know to give you the 10, 000 is it in the contract or something?

VibesMusic-ezum
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Where do you find the 3rd party title company?

Iamalloverthat
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Who handles the obligation of title search, the assigned / actual end buyer ?

CarlosFernandez-nmng
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Does the seller know how much i'm making? Also if I can't find a new buyer am I Know obligated to buy the house? is there any trouble for not being able to get a buyer?

poserfour
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Do I need a real estate license to do this type of sale?

SuperNova-..-
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What do you do about Ernest money or deposit?

tonyswanick
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what website can I find these investors

Johnny-yfdt
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Do I need an LLC to do this or can the contract be under my name?

lance
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What's the payment method tho? Like bank?

bluesgamer
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What about earnest deposits and proof of funds from a wholesaler who is just starting and has none of that?

Storytime
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Hey can anyone please tell me if I actually need to edit my OWN contracts or do I take them to my local title company and have an escrow officer add things to it as far as my states laws???

AmbientMaze
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How do you get the property under contract with no down payment

ohrbarda-vdeh
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Do you have to pay taxes for that 10k?

JoseContreras-okyz
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What about taxes and stuff like that ??

emmanuelperez
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How can i get the contracts and where can i find local flippers

peytondickerson
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So question I have is the original contract I lock in with the seller, how do I assign THAT contract to the buyer if it has my name on the original contract. In my contract I have listed that the contract is assignable, but would I have to do a duplicate contract with the buyers name on it? Can someone elaborate?

Under_PressureSW
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Why wouldn’t the buyer just go to the original seller with a slightly better offer than you and save the extra fee you r overcharging

meme.vidz
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Hey guys I need your help need a partime job to save up some money and to buy myself a laptop im dead broke need your help guys.😢 I'm from the Philippines I can work online.

xmanta
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So your being a Realtor without a license?

FatHead