Assignment vs. double close

[William Causey]

Which is more profitable: an assignment or a double close, and why?

[Dennis McNeely]

I prefer an assignment @William Causey as it keeps me off the chain of title and any issue(s) that go with being in the chain, as well as any additional expenses related to a doublel close. For example, in Michigan those additional expenses would include revenue stamps owing for two closings. 

[Drew Sygit]

@William Causey depends on the transaction and the parties involved.

Agree with @Dennis McNeely on some of the transaction costs.

A different issue though is with an Assignment, the buyer gets to see what you paid for the property. This can lead to "renegotiation" demands at the closing:(

Other Potential Issues to Consider:

Being in the chain of title is also exposure to potential legal issues.

Selling an assignment may be a violation of a state's real estate statutes.

Wholesaling w/o a real estate broker's license may violate your state's statutes.

I'm sure there are more...