Flipping/Wholesaling

Quick question pretty new at this... When you have a list of investors and find a distresed property put it under contract to assign ..thentell the investor where the house is... instead of him paying you the assignment fee cant he just talk to the buyer and pay him.. Anyone had this type of expirience any feedback will help... thnk

Comments(1)

  • Nordis6th July, 2005

    The process of getting the house under contract is your guarantee.

    Just give them $10.00 to $50.00 dollars usually.
    This makes the contract legal - binding.
    Get a receipt.
    Do it at a notary republic.

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