Wholesaling and Bank owned properties

[Mary anne Raymond]

Can you assign the contact on bank owned properties? I'm in Florida specifically.

[Benjamin Pekarek]

You can only assign a contract if the seller allows it - and I've never seen a bank allow an assignable contract. You CAN, however, offer in the name of an LLC, and then SELL the LLC, thereby wholesaling the contract.This technique is called a "disposable LLC".