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Updated over 16 years ago,
Assignable Contract?
I have a buyer who is willing to pay $400,000 for a property that I can purchase for $300,000. Before I execute the contract I want to make sur eI am doing this correctly as I know "flips" are pretty much impossible to finance and the buyer will be financing. What is the best way to make this transaction complete and still ensure the buyer can obtain a loan while I make the difference between the 2 prices?
Thanks,
Jeremey