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Updated almost 12 years ago on . Most recent reply

Account Closed
  • Beverly Hills, CA
0
Votes |
8
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Possible to get foreclosed homes under contract to assign them?

Account Closed
  • Beverly Hills, CA
Posted

Hey BP- just wondering if its possible to get a foreclosed and/or bank owned home under contract and then assign it to an end buyer. If it is possible, is it any different than going to a seller and getting the property under contract then just assigning it? Thanks in advance.

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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
Replied

After you show acceptable POFs, but banks are wise to the entity assignments and trust buyers. I'd suggest you look for easier pick'ns. :)

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