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50-State Wholesale Contracts

Free 50-State Real Estate Wholesale Contract Templates

Preview every standard wholesale contract a real estate investor needs — assignment, double-close, JV, option, novation, purchase & sale, and LOI — written in plain English for all 50 states. Then auto-fill a ready-to-sign document for your exact deal in minutes.

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All 50 states 7 standard contract types State-specific legal warnings

The 7 contracts every wholesaler needs

Each template is the standard, field-tested version operators use to lock and flip deals. Preview the clauses below — generating a customized, signature-ready copy takes an FTC Pro account.

Purchase & Sale Agreement

The foundation of every wholesale deal

The contract you sign with a motivated seller to control the property. Captures price, earnest money, inspection and closing timelines, and the assignment language that makes the deal flippable.

  • Assignment-friendly clause
  • Inspection & due-diligence period
  • Earnest money terms
  • State-specific seller disclosures

Assignment of Contract

Get paid your assignment fee

Transfers your equitable interest in the purchase agreement to an end buyer for a stated assignment fee. The cleanest, fastest wholesale exit — one closing, fee on the settlement statement.

  • Stated assignment fee
  • Buyer accepts original terms
  • Non-performance protection
  • Disclosure of wholesaler role

Double-Close Agreement

Keep your spread private

For simultaneous (back-to-back) closings where you buy from the seller and immediately resell to your buyer. Used when your spread is large or the assignment route is restricted.

  • A-to-B and B-to-C structure
  • Transactional funding ready
  • Title company coordination
  • Same-day closing terms

Joint Venture (JV) Agreement

Split deals with a partner

Defines roles, responsibilities, and the fee split when you co-wholesale a deal with another investor — who brings the buyer, who brings the contract, and how the assignment fee divides.

  • Fee-split definition
  • Roles & responsibilities
  • Disposition ownership
  • Dispute resolution

Option to Purchase

Lock the right to buy

Grants you the exclusive right — but not the obligation — to buy a property within a set window. A lower-risk way to control a property while you line up your end buyer.

  • Option period & price
  • Option consideration
  • Exclusive right to buy
  • Extension terms

Novation Agreement

Substitute a new buyer in

Replaces you with a new party in an existing contract, with the seller’s consent — useful for retail-ready or financed exits where a straight assignment will not work.

  • Seller consent to substitute
  • Release of original party
  • New buyer obligations
  • Lender-friendly structure

Letter of Intent (LOI)

Open the conversation

A non-binding outline of your proposed terms to a seller or listing agent before drafting a formal purchase agreement. Fast to send, signals you are serious, and frames the negotiation.

  • Proposed price & terms
  • Non-binding language
  • Due-diligence outline
  • Timeline to formal contract

Preview free. Generate in minutes.

01

Preview the standard templates

Read every clause in plain English right here — no signup required. Know exactly what each wholesale contract does before you use it.

02

Pick your state and deal type

Open the Contract Engine and choose your state. It applies the right disclosures and flags any state that restricts unlicensed wholesaling.

03

Auto-fill, send, and track

Enter your parties, price, EMD, and dates. Generate a ready-to-sign document in minutes, send it for e-signature, and watch it land in your CRM.

The preview is free. The speed is the product.

Reading a template is the easy part. Winning the deal is about getting a clean, state-correct, signature-ready contract in the seller’s hands before the next wholesaler does. That is what the Contract Engine inside Flip the Contract delivers — and it lives with your leads, buyers, and EMD funding so the whole deal moves in one place.

FreePreview every clause in all 7 contracts
FreeUnderstand assignment vs. double close
FTC ProAuto-fill parties, price, EMD & dates
FTC ProState-specific clauses & legal warnings
FTC ProE-signature + view/sign tracking
FTC ProSaved to your CRM with EMD funding

Wholesale contract FAQ

Are these real estate wholesale contract templates really free to preview?

Yes. You can read every standard wholesale contract — Purchase & Sale, Assignment, Double-Close, JV, Option, Novation, and Letter of Intent — and see exactly what clauses each one contains before you ever create an account. The free auto-fill Contract Engine that drafts a ready-to-sign document for your specific deal and state is included with FTC Pro, which starts at $85/month and comes with a free trial.

Do the templates cover all 50 states?

Every contract type is built for all 50 states. Wholesaling disclosure rules, assignment language, and licensing requirements differ from state to state, so the Contract Engine applies the correct state-specific clauses and surfaces a legal warning when a state (for example, Illinois, Oklahoma, or South Carolina) restricts unlicensed wholesaling or requires extra disclosures.

What is the difference between an assignment contract and a double close?

An assignment of contract transfers your equitable interest in a purchase agreement to an end buyer for an assignment fee — one closing, your fee shown on the settlement statement. A double close (simultaneous close) is two back-to-back transactions: you buy from the seller and immediately sell to your buyer, which keeps your spread private. Both are standard wholesale exit strategies and both are available as templates.

Can I edit the contracts for my specific deal?

Yes. Inside the Contract Engine you enter the parties, property, purchase price, earnest money, inspection and closing dates, and assignment fee, then generate a complete, customized document in minutes. You can save it to your CRM, send it for e-signature, and track when it is viewed and signed.

Is a wholesale assignment contract legal?

Assigning a real estate contract is legal in most states when the original purchase agreement permits assignment and you disclose your role appropriately. Some states regulate how often you can wholesale without a license or require specific seller disclosures. The templates are drafted to standard wholesale practice, but they are not legal advice — review your deal with a local real estate attorney or title company when in doubt.

How do I get the full automated contract generator?

Start an FTC Pro account and the Contract Engine unlocks immediately. It turns these templates into deal-ready documents, stores them alongside your leads and buyers in the CRM, and pairs with EMD funding so you can lock contracts without draining personal savings.

Stop downloading PDFs. Start closing.

Get every standard wholesale contract, an engine that drafts them for your state in minutes, a CRM to run your pipeline, and EMD funding to lock the deal — all in FTC Pro from $85/month, with a free trial.

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