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Updated over 12 years ago, 07/26/2012

User Stats

168
Posts
111
Votes
Lee G.
  • Developer
  • Boise, ID
111
Votes |
168
Posts

Wholesaling to a Retail buyer

Lee G.
  • Developer
  • Boise, ID
Posted

I'm in Utah and trying to wholesale a 4plex to a retail buyer who needs to buy the property with a loan. I have it under contract with me as the trustee. Where I'm running into trouble is the bank (this is a short sale) won't let me assign the contract. This creates an issue for the end buyer as they aren't on the REPC and can't get approved for financing.

How do you do this deal?

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