If you have the cash to purchase and close, then you will not need to use assignments.

Saw some new building going on around Lawerenceville with high asking prices..close to L.A prices it seems.https://www.redfin.com/PA/Pittsburgh/4618-Carlton-...

We picked up the home for a large discount as the estate wanted to close the deal.

To me the rewards do not come close to outweighing the negatives in this situation.

We can get a 7/1 ARM at 5.35% with $12,000 in closing costs or 6% with $7,100 in closing costs.

Day traders are not exempt unless they elect mark-to-market (MTM) accounting, which eliminates wash sale tracking but taxes gains as ordinary income.To manage taxes, track trades closely, avoid overlapping purchases, or consider MTM election if trading actively.

This can lead to "renegotiation" demands at the closing:(Other Potential Issues to Consider:Being in the chain of title is also exposure to potential legal issues.Selling an assignment may be a violation of a state's real estate statutes.Wholesaling w/o a real estate broker's license may violate your state's statutes.I'm sure there are more...

I hope you found someone and you were able to close!

Eventually you'll start developing relationships with people in the market that will bring you off market deals, but they have to believe that you can close the deal.

The only note is it is easier to set up the LLC before closing but not so hard to change after.