If you want to wholesale, disclose explicitly that you may close this yourself or assign it to another. 

@Jay Hinrichs @Patrick DesjardinsWe rep and warrant all notes (both re-performing and non-performing) to be a valid lien and to be in the lien position as disclosed at the time of purchase.Our current performance warranty on re-performing notes is as follows:"In the event that a re-performing note becomes delinquent, or enters non-performing status, PPR’s Loss Mitigation Department will notify the note investor within 30-60 days and then attempt to address and correct the payment issue prior to the loan becoming 120 days past due.

Be sure to fully disclose your role in the transaction, and consulting a local real estate attorney is highly recommended to avoid any compliance issues.

I also got on a call with FlipSystem with a rep, who turned out to be Antoine's girlfriend (that wasn't disclosed during the call but it's clear from the social media posts she's his gf).

Wholesalers typically do NOT disclose to sellers that they will only close IF they can flip the contract for a greater price - hence the seller thinks they are the end buyer and that they have a “legitimate” buyer on the line2.

A lot of my clients on the listing side will check mark they are willing to pay a buyers agent but not disclose the amount.

Advertising a non-conforming unit without disclosing its illegal status could be considered deceptive (and fraudulent), opening the owner to major legal risks (fines or tenant lawsuits).Even private marketing, like word-of-mouth, doesn’t absolve the owner from liability if the unit fails to meet legal requirements.

An interesting fact about flipping in CA -- effective July of this year, investors are required to disclose their contractor name and contact information.

I have a contract drafted up with inspection contingency, and will disclose my option to assign the contract in the original P&S.

The FFO figure is typically disclosed in the footnotes for the income statement.