Wholesale and selling a contract


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  • Hi,

    I hear Jack talk about making lots of money selling contracts. What is the difference, if any, between selling a contract and wholesaling the property?

    Also, when selling a contract to someone, when do you get paid?

    Do you attend the closing?

    Do you just use the same assignment of contract form that you would use when wholesaling?

    Thx/Rafael

    Anonymous

    Hi Rafael

    The difference between selling a contract and wholelsaling is the condition of the property – sometimes

    Wholesale deals are always old, run down houses

    but you can get an option on a nice house and sell that contract too.

    Options are a GREAT and SAFE way to make a lot of money fast.

    Jackie

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