The contract should clearly state that you have an equitable interest in the property and don't wish to buy the house itself. ContractsCounsel has assisted 13 clients with wholesaler agreements in California and maintains a network of 20 California business lawyers available daily.This episode is ALL about wholesale purchase contracts!! Used when purchasing "distressed properties" as a wholesale investment strategy. This contract allows the buyer to assign the contract to a second buyer. Looking for a Wholesale Real Estate Contract Template? Edit, sign, and share wholesale purchase agreement contract pdf online. No need to install software, just go to DocHub, and sign up instantly and for free.