Can you wholesale/assign a REO property to cash buyer?

[Account Closed]

If so, what are some things that might trip up a newbie? What if I have found a REO and have a buyer in mind that is intending to use a hard money lender. Do those work too?

[Will Barnard]

You will not be allowd by most all banks to assign an REo or a short sale for that matter.
For your all cash buyer, the only ways to circumvent that is to double close as Jesse mentioned, form an LLC and make the offer in that LLC, then sell the LLC to the cash buyer for your profit margin.
If they will be using a HML, it can get more complicated as your offer is now not ALL CASH, it will need to be made with financing. Make sure your end buyer is more than capable of closing the HML and that they at least have a decent amount of skin in the game to guarantee a closing. HML's do not like high LTV's!