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Updated over 17 years ago, 03/30/2007
Hello from San Antonio, TX (THE HOTTEST MARKET IN US :)!!!
Hello everyone,
My name is Edgar, and I'm an alcoho........oops wrong introduction lol.........jk....... :mrgreen: I'm a day trader and a real estate investor. Moved to San Antonio from Los Angeles and bought a bigger and cheaper house and ended up staying here.
I would like to get some info about assignments and whether they are legal. For example: I'd like to buy a home that's appraised at 800,000 for 710,000 and simultaneously assign it or (sell it) to a ready buyer at 800,000 realizing that 90,000 gain without even getting a loan myself. Is that possible?