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Updated over 17 years ago on . Most recent reply

Edgar Ambart's profile image
Edgar Ambart's profile image
Edgar Ambart
  • Real Estate Investor
  • from san antonio, TX
  • Member since Jan 12, 2008
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Edgar Ambart's profile image
Edgar Ambart's profile image
Edgar Ambart
  • Real Estate Investor
  • from san antonio, TX
  • Member since Jan 12, 2008
Connect
Edgar Ambart
  • Real Estate Investor
  • san antonio, TX
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8
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Starting Out

Need help on FORECLOSURE - ASSIGNMENT?

Edgar Ambart
  • Real Estate Investor
  • san antonio, TX
Posted

Hi Everyone,

I need help on a deal that I'm trying to work, and it is my first one. I found a property for 460,000 that I can sell right away to an investor for 520,000 (its actual appraised price).

Can anyone tell me if I'm able to do this without having to get a loan myself and just be the middleman? (in California is it legal? What about Texas?)

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