Wholesaling
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 18 years ago on . Most recent reply

Assignment ? Simultaneous Transfer? PLEASE HELP
Hello everyone, please somebody with a legal expertise or a guaranteed answer,
:violin:
I would like to get some info about assignments and whether they are legal. For example: I'd like to buy a home that's appraised at 800,000 for a discounted price of 710,000 and simultaneously assign it or (sell it) to a ready buyer at 800,000 realizing that 90,000 gain without even getting a loan myself. Is that possible?