Joint Partnership/Assignment ?

[Andrew Montague]

I have a connection for pre-construction homes where the lender has a relationship with the builder and as a result, I get a reduced price on the homes. I also get a lower downpayment than going through the builder. Furthermore, the lender is private and is more flexible in allowing people to get mortgages with not-so-good credit. A lien would be placed on each house.  To be clear, a colleague of mine has a direct connection to the lender. So, I have a few interested clients. My colleague only wants me to deal directly with the lender and not my clients. He wants to get his referral fee of course and avoid people circumventing the process. It means that I have to purchase the houses in my company name. The client gives me a downpayment with my fee. Because I get a slightly reduced price, I can sell the house for a slight profit on the backend as well.  What I want to know is what kind of an agreement would I need to get that would allow me to transfer the ownership to the client before the closing?