Assigning a property at retail value
Right now I'm in the process of putting a house, in perfect condition, under contract. Seller is really motivated. She lives too far from her job and wants to move. Loan is 160k and the house appraises around 180k. Its in a small cul de sac and the house across the street sold in days. Is it possible for me to get it under contract and then partner up with a realtor to get it sold even though there would be no equity with which to pay the realtor?? I know that no investor would want the contract because there's not much money to be made from it but is there a way for me to make and money from it as a wholesaler. The house's condition and location makes it very possible for it to be sold retail and fast. Help please. Someone suggested a "reverse assignment".....whatever that is.