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today I want to talk about wholesaling and one of the questions I commonly get is should I use an option to wholesale or should I use an assignment to wholesale and theres some pros and cons I just want to kind of talk about that briefly with you so first of all an option an option isnt is is a contract you sign that says you can buy the property or you have an option to buy the property and usually that it spells out a timeframe so youve got you know 10 days or two weeks or 30 days or whatever you put in the contract you have that timeframe to then buy the property and then whats really key about an option is you have an option fee so you pay a fee - usually Im in almost all cases you have a fee and if you go ahead and you exercise your option and buy the property for the predetermined fee or the the predetermined price then that then you have that option if you dont then youre not held liable youre not responsible you can back out of the agreements but you lose your option fe
