Wholesale deal listed on the MLS

2 Replies

I have a property under an assignable contract with the owner at 15k. I've listed the property on the MLS, and someone's ready to write an offer at 25k. I'd like the owner NOT to see the price that I'm selling at (no need to rub the 10k assignment fee in his face) - is there a way to do this? How should the CAR purchase agreement & escrow instructions be written to accomplish this?

As long as your area doesnt have a big scary transfer tax, you can double close with transactional funding and your seller will only know your purchase price at the time of closing. He can still look up the resale price after the sale but he will never see your 10k profit on his HUD 1