Real Estate Agent
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 10 years ago,
Assignment contracts (residential vs commercial)
Hello fellow investors,
I'd like to pick the brain of a more seasoned investor(s) with a few deals under his or her belt than I...
Can someone tell me whether the same one page assignment contract that would work to wholesale a residential property (1 to 4 units), work to assign equitable rights on a commercial multi-family property (say, an apartment building or complex)? Even though the property types are different, the principle is the same, is it not? Would the wording need to change depending on the type of property we're dealing with? Would different clauses be needed?
I'd really appreciate some guidance and thank you in advance.
Sincerely,
Javier (Beginner investor from San Diego, CA)