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Multi-Family and Apartment Investing
HomeForumsMulti-Family and Apartment InvestingAssigning Multifamily
Larry Simmons Jr's profile image
Larry Simmons Jr's profile image
Larry Simmons Jr
  • Real Estate Investor
  • from Texas
  • Member since Jul 6, 2010
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Larry Simmons Jr's profile image
Larry Simmons Jr's profile image
Larry Simmons Jr
  • Real Estate Investor
  • from Texas
  • Member since Jul 6, 2010
Connect
Larry Simmons Jr
  • Real Estate Investor
  • Texas
6
Votes |
61
Posts
Multi-Family and Apartment Investing

Assigning Multifamily

Larry Simmons Jr
  • Real Estate Investor
  • Texas
Posted Oct 11 2013, 20:32

Greetings All.

I had a quick question in regards to these multifamily deals that I get. Some of them have so much spread, I hate to pass on them for a smaller referral when an opportunity arrives. What are the restrictions and/or laws in regards to assigning and/or wholesaling commercial property?

Ex. $4M apartment complex, my buyer will pay $4.5M. Can I lock it up for $4M and re-sell it for $4.2M? Please share your knowledge on this subject with me, I thank the community of BP in advance.

Blessings.

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