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Updated almost 17 years ago on . Most recent reply

User Stats

27
Posts
3
Votes
Nick Rubino
  • Real Estate Investor
  • Fayetteville, NC
3
Votes |
27
Posts

quick question on bank owned, did i miss anything?

Nick Rubino
  • Real Estate Investor
  • Fayetteville, NC
Posted

real quick, I thought i heard someone say that it's hard to get the bank to let you assign a property.

I've come across some stuff that looks like they could be decent, but I believe are bank owned. I don't think that I can pull off a double close from where I'm at, It seems I would physically have to be there to pull it off.

So i found a house, asking 30k, it sold in 2006 for 82k, so I figure I might be able to pull 5k out of the deal. Where do I go from here. I've emailed the realitor and said i want to put it under contract subject to inspection.

I found a buyer I think, anything I'm missing, just write up an assignment contract and give it to him, and hand him the lead?

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