Wholesale questions about contracts
Hello everyone! I had a few questions regarding double closing and assignment contracts when dealing with sellers and buyers! I thought of them last night before I fell asleep and im surprised I remembered so here they are....
1. Can you assign a contract to a wholesale company(those "We buy houses" guys)?
2. When double closing, I plan to use a transactional loan and I see people say that one thing I'll need is approval from the bank. Approval for the loan? For the deal?
3. When you find a property you plan to assign the contract to, what do you tell the seller? "Im not gonna buy your home, but I will find someone who will." Whats stopping them from saying "Well let me talk to THEM."?
I had more but I can't seem to remember them anymore. But any help or comments would really help! Thank you!