How to assign on this deal ?
I have a home that i just put under contract. However i have a decision to make and would be interested in some other wholesalers opinions ... so here goes
Seller agrees to prices 27k and signs contract. However i know he needs to sell but do not trust that he would back out if he found out i wholesaled it for 10k more
Investor...buyer for 37k . Knows i will be assigning and just wants the home. Does not care that i will be making 10k (well actually more like 8500)
I dont trust that the original seller would not try to back out of contract. So in my mind i am thinking to become a part of the title chain. Which creates extra costs.
Any Ideas on how to get around this?