I am a big fan of Dave's teachings and have facilitated many of his Financial Peace University events. 

Probably not, it's legal to assign a contract and while questionable in real estate, there is a justification of getting out of the deal and the public (seller) is best served by doing so getting the seller to closing.It's when you are in the business of flipping contracts that it becomes obvious that you are not acting in the public interest but your personal interest and your method, regardless of the means, is to contract to facilitate a sale of real estate to a third party, that is brokering.

When a buyer is not represented, the listing agent changes his position with the buyer, he becomes a transactional agent or similar agency relationship with out any fiduciary responsibility to advise the buyer, but may assist the buyer to facilitate the transaction.

But, especially on someone new, without a proven track-record, the underwriting will be tight, and a personal guarantee is an uncomfortable reality...In other words, David, while it's true that the asset is being looked at in order to facilitate security for the note, the borrower, who essentially becomes the manager of the bank's money, is being absolutely underwritten for their capacity to manage, and withstand financial shocks.

Back before the GFC I was one of the larger HML who facilitated BRRR for turnkey buyers did a few thousand of them actually and in those days..  65% ARV was doable all in buy home rehab home pay  me and pay the turn key provider then the buyer got a 75% rate and term refi and usually pulled 5 to 10k out of each home and we would do 4 at a time for them.. so they had 20 to 40k in their pocket tax differed and were cash flowing 100 to 150 a month.. 

All things being equal I would have been able to facilitate that investor locking in a 30yr fixed rate loan to their LLC that was refinancing the property. 

Disclaimer: I'm not an expert on this subject nor do I have experience whatsoever, the following is purely my understanding based on what I've read or heard.AFAIK some states don't allow online auction, there are websites that allow you to help facilitate registration process but in those states you'd have to be physically present.

You need to set your OA up to facilitate future deals in the beginning.

It is my hope that the relevant skills and experience that I am able to bring to the table in lieu of having a ton of REI experience, helps to facilitate different networking opportunities with more seasoned investors, lenders, RE professionals and the like!

We typically handle the material purchasing for the majority of our clients and yes we do mark up the price modestly to cover the added expenses of facilitating the selection & delivery of the items.