Wholesaling to a Retail Buyer

[Dave Savage]

I have a good handle on wholesaling distressed properties to cash buyers. Right now though I am getting a number of leads of retail ready properties at 90% of Retail pricing for a strong multi-family market in Rochester, NY. I also have realtors with owner occupied buyers who are looking for these types of turn-key properties but their buyers need to get a traditional loan.

This results in two questions:

1. Can I wholesale a property to a retail buyer that needs to get a traditional loan? Not sure if a bank would look at an assignment contract as acceptable for writing the loan.

2. How should I compensate the real estate agent, as in NY they can not get a referral fee or commission if it isn't a listed property (I have heard)

Is there a way that others are doing these types of deals?