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Updated about 12 years ago on . Most recent reply

Account Closed
  • Real Estate Investor
  • Louisville, KY
0
Votes |
7
Posts

Simple question about assignments

Account Closed
  • Real Estate Investor
  • Louisville, KY
Posted

Hi out there!

I have a quick question that I have been trying to find the answer to and I guess I just cannot find this.

I am beginning in my REI by wholesaling in my market. I have my contract to purchase a property. Now when I get someone to sign this contract and I then take to the investors to assign this contract, do I need a whole new assignment contract entirely, or is the assignment written into the original contract in any way?

Do I need to put into the purchase contract the ability to assign the contract?

Thanks!

Ryan

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