The first agent may have procuring cause status, which might entitle the first agent to payment, in addition to the new agent.Why does the original poster want to dump the first agent? 

(Originally from CT/UCONN grad) Here as a resource!

I'm Jaden Rodriguez, i'm 22 years old, originally from Florida, and I recently moved to North Carolina to be closer to family and pursue investment opportunities.

Thanks for the feedback, tree service in the area is a bit pricey so in relation to the original post should I only focus on the unit or until focusing on the property as a whole?

A fair price reduction would be based on the original price per lot ($12,000 x 5) or $60,000.

However, that won't work for several reasons:  1) The lender is not going to finance the $15k assignment fee2) The lender isn't going to consider the purchase price in this example to be $150k, they would typically use the $135k price in the original contract, and 3) In this particular example they may not even use the $135k price because it's not an arms-length transaction since it ultimately boils down to a deal between you and your father.I applaud you for trying to be creative, but ultimately what you're proposing isn't going to work and it's going to make the transaction a lot more complicated than it needs to be.

Now if buyer fails to make payments it would be good for Buyer to deed it back to the original seller. 

They were all making money on this transaction, and likely not being transparent with the original owner. 

To your original question Karen, as private lenders you are going to get deals where borrowers have low credit scores or are in tricky financial situations.

(to keep things simple)Property was primary residence for Person A from original purchase until 01/2020.