Assignment Contracts vs Purchase & Resell

[Rainiel De La Nuez]

Florida has some well defined rules about brokering and marketing real estate. I want to make sure I steer clear from having any issues with this as I am not a broker nor do I work for one. 

SO, does every wholesaler only sell assignment contracts? 

Are there any wholesalers out there who buy properties from sellers before selling even having an end investor? 

Though this does not make too much sense to me, I heard a wholesaler on the podcast today discussing hard money fees in his wholesaling. Do any wholesalers out there use hard money to purchase their properties until they find an end buyer?

Whats your experience? Share any thoughts an idea!

[Fred Winer]

Double Closing : When you get a property under a purchase agreement between yourself and the seller and then actually close and within the same day, resell it to an investor-buyer.Closing and then reselling later: When you get a property under a purchase agreement between yourself and the seller and then actually close. Then once it’s yours, you market it and resell it as-is.Whole sale tailing: When you get a property under a purchase agreement between yourself and the seller and then actually close. Then once it’s yours, you do minor repairs and clean up, market it and resell it as-is.