All Forum Posts by: Michael Speight

For conventional, it might depend on the lender. Generally most conventional lenders are good with your assignment.  Other option is to double close and the fee would come out of your profit vs upfront fee, so nothing out of pocket.

The other option is to be transparent and let your buyer be direct with the seller and have another recorded document between your buyer and you to share with the closing team to add your fee to the buyers side but then shows direct with seller.

with FHA, different situation! There is a 90 flip rule, you cannot double close or the lender won't be able to close for 90 days after you took ownership so the above scenario would be the way to go for that with an FHA buyer.