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Updated about 10 years ago on . Most recent reply

Account Closed's profile image
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Account Closed
  • from Rego Park, New York
  • Member since Sep 25, 2014
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Account Closed's profile image
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Account Closed
  • from Rego Park, New York
  • Member since Sep 25, 2014
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Account Closed
  • Rego Park, NY
6
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43
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Innovative Strategies

Assignment of contracts

Account Closed
  • Rego Park, NY
Posted

Has anyone tried to do an assignment of contract in this industry? What are some of the advantages and disadvantages of using this strategy to make some money?

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Ulises Romero's profile image
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Ulises Romero
  • Bird Dog
  • from Houston, Texas
  • Member since Dec 27, 2014
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Ulises Romero's profile image
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Ulises Romero
  • Bird Dog
  • from Houston, Texas
  • Member since Dec 27, 2014
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Ulises Romero
  • Bird Dog
  • Houston, TX
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Ulises Romero
  • Bird Dog
  • Houston, TX
Replied

Assignment of contracts is a very common practice of real estate investors and especially for wholesaler whom this is their main source of income. Wholesaling (assigning contracts) can be the most cost efficient strategy, lowest risk, and sometimes the one requiring the least amount of capital.

-U. D. Romero

Www.dromeproperty.com

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