Here's EVERYTHING beginners need to know about real estate wholesaling contracts! In this video, Ryan Zomorodi, COO of RealEstateSkills.com, sits down with Tim, a beginner investor and wholesaler, to teach him everything he needs to know about wholesaling real estate contracts. Learn step-by-step how to use the purchase and sale agreement and the assignment of contract (assignment addendum) to close profitable wholesale deals. 💸 Entrepreneurs & Professionals looking to get started and work closer with Ryan’s team, APPLY HERE: ➡️ https://www.realestateskills.com/apply?el=rewcfb 📚Get Our FREE Downloadable Wholesaling Contracts Featured in the Video: ➡️ https://www.realestateskills.com/contracts-yto?el=rewcfb 👉Join our FREE Weekly Webinar with Alex Martinez, Founder & CEO of RealEstateSkills.com ➡️ SIGN UP NOW: https://www.realestateskills.com/webinar?el=rewcfb Ryan breaks down the fundamentals of wholesale contracts, covering everything from where to find wholesale contracts in real estate to how to fill them out correctly. This comprehensive guide is perfect for beginners who want to understand the ins and outs of wholesaling real estate contracts and take their real estate wholesaling business to the next level. Key Topics Covered: • What are real estate wholesale contracts and why are they crucial? • How to properly use a purchase and sale agreement in real estate wholesaling. • Step-by-step guide on filling out an assignment of contract (assignment addendum). • Where to find wholesale contracts for your real estate business. • Expert tips for wholesaling real estate contracts successfully. Whether you're just starting out in real estate investing or looking to refine your wholesaling strategy, this video is packed with valuable information to help you succeed. Don't miss out on these expert tips from Ryan Zomorodi! 📌TIMESTAMPS📌 0:00 - Introduction to Wholesale Real Estate Contracts 0:51 - What is a Wholesale Real Estate Contract? 1:29 - Types of Wholesale Real Estate Contracts 2:52 - Is An Assignment of Contract the Most Beginner Friendly Strategy? 5:54 - What is a Purchase and Sale Agreement? 7:00 - Key Terms in a Purchase and Sale Agreement 9:07 - Assignment of Contract in Wholesaling 13:50 - Introduction to Double Closing Method 19:20 - When Should You Double Close When Wholesaling? 26:19 - The LLC Assignment Method 30:01 - Can Wholesale Real Estate Contracts Vary State-by-State? 37:25 - Filling Out a Purchase and Sale Agreement 41:10 - Important Clauses in Wholesaling Contracts 48:01 - Earnest Money Deposit (EMD) in Wholesale Contracts 52:00 - Importance of Title Companies 55:00 - Financing Contingency in Wholesale Contracts 57:00 - Inspection Contingency in Wholesale Real Estate Contracts 1:03:02 - Detailing the Terms of the Inspection Contingency 1:07:03 - Seller Options During Inspection Contingency 1:15:02 - Differences in State Requirements for Title Companies or Attorneys 1:26:02 - Understanding Liens and Encumbrances in Real Estate 1:31:38 - Understanding the Assignment Addendum for Wholesalers 1:36:01 - Completing the Assignment Addendum Step-by-Step 1:47:01 - Structuring Assignment Fees and Non-Refundable Deposits 1:51:55 - Legal Terms and Conditions in Assignment Addendums 1:54:01 - Beginner Tips for New Wholesalers If you want to learn more about wholesale real estate contracts, visit our blog at: https://www.realestateskills.com/blog/wholesale-real-estate-contract 👉Join our FREE Weekly Webinar with Alex Martinez, Founder & CEO of RealEstateSkills.com ➡️ SIGN UP NOW: https://www.realestateskills.com/webinar?el=rewcfb ✍️ Attend our FREE training and learn How to Wholesale without Spending $1 on Marketing!: ➡️ https://realestateskills.com/training?el=rewcfb 🥇 Apply To Our PRO WHOLESALER VIP Program To Get Started, Today!: ➡️ https://realestateskills.com/pro-wholesaler?el=rewcfb 👋 Say "Hi!" on Social & Join our Community: 💻 Website - https://realestateskills.com/?el=rewcfb 📸 Instagram - https://instagram.com/realestateskills 📱 TikTok - https://www.tiktok.com/@realestateskills 💙 SUBSCRIBE TO OUR CHANNEL! ➡️ https://youtube.com/c/realestateskills?sub_confirmation=1 #wholesalerealestate #realestatewholesaling #realestateskills

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