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Updated over 7 years ago on . Most recent reply

User Stats

7
Posts
0
Votes
Kathleen Nguyen
  • Investor
  • San Diego, CA
0
Votes |
7
Posts

Assigning Contract or Double Closing?

Kathleen Nguyen
  • Investor
  • San Diego, CA
Posted

Hello,

I am new to the wholesaling business.  I have a deal under contract and will make about $10K but not sure if I can do an assignment.  Would prefer to do double closing but transnational funding will make margin too small to be worth it.  Does anyone have an idea on what is the best way to handle an assignment of contract?  

Most Popular Reply

User Stats

55
Posts
21
Votes
Edward Peugh
  • Real Estate Agent
  • Charlotte, NC
21
Votes |
55
Posts
Edward Peugh
  • Real Estate Agent
  • Charlotte, NC
Replied

Why wouldn't you be able to do an assignment?

Ed

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