wholesaling

[millionaireshaun]

I have found a very good way of locating homes that can be wholesaled. I am very new to this and need help. What kinds of contracts do i need to draw up if i plan to do a sub2 or intent to purchase contract. and what do i say to an investor to make them interested in the property. do most people selling homes below market value know the actual value?
PLEASE HELP!!!!!

[CELL]

Id say, from the very little I know so far, that the first thing that should be done is locking a seller into a contract and making sure the clause is added that this contract can be sold or turned over to another party (an investor)
I forget the name of this clause though.
But yea...from what ive learned so far, the first thing you need to do is have a seller locked into a profitable deal (win/win deal for both him/her and the investor)
Find a buyer (start with those ads in the paper that say "I Buy Houses") and go from their.

[reiauctions]

For Subject To, you can use a standard purchase contract and just write in the "Special Agreements" section that it is subject to existing loan of $xxxxx.  

If the properties you have under contract are truly a good deal than you won't have any trouble finding investors.  You can try the "I buy houses" ads or place an ad in the paper or on the internet (Craigslist, local classifieds, etc.)