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Updated over 9 years ago on . Most recent reply

User Stats

21
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2
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David Telp
  • Rental Property Investor
  • Red Lion, PA
2
Votes |
21
Posts

Advice on selecting a good deal on property

David Telp
  • Rental Property Investor
  • Red Lion, PA
Posted

I have a listing of properties that are mostly bank own properties.  They require some rehab.  Will I be able to assign these properties to another if they are bank own properties or will I need to try another strategy.  What is the best way to approach this strategy if it is possible to assigned these properties?

Most Popular Reply

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20
Posts
9
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Marina Wedge
  • Investor
  • Avenell Heights, Queensland
9
Votes |
20
Posts
Marina Wedge
  • Investor
  • Avenell Heights, Queensland
Replied

Hi David,

If your wanting to wholesale a bank owned property you can't do assignment but you can do a double close. You just need to find an attorney who will do it. 

Thank you,

Marina Wedge

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