Updated over 16 years ago on . Most recent reply
Wholesaling bank-owned properties
Hello all,
I have a few questions about dealing with bank owned homes and doing assignments. Can anyone clue me in on if it is possible to do assigments with banks? I was talking to my realtor and he said that it is very tricky to do assignments with banks, so I just wanted to see what all you others thought. If it is possible, how? Is there a certain way to go about doing it? My plan is to go after a foreclosure that's 40K worth 150k and assign the contract over to another investor. Thanks for any advice.
-Jamie