Project Parameters:Flips only, no buy and holdResidential onlyCost to Value (purchase and rehab budget) to be around 70% of ARV or belowProfit is shared at 50% (after costs, deposits and fees)Properties must have $50k profit or morePrefer homes in suburban areas with area population above 100kMost projects approved will be flips, wholesaling to our network is considered as wellSales contract should be in your name and assignable (we can make it work if it isn’t)Please include the following information in when submitting a project for evaluation with our funding group:-Stage 1-Initial Project Submission.

Hi everyone, I'm working with a hedge fund in locating commercial multifamily to assign over to them.

They will verify what we send, and if they agree, we assign the contract to their company & we enter a JV agreement with them agreeing to split the profit 60% us, 40% them or 50/50 depending on the deal.  

I have a MHP and a TP I'm looking to assign, but have no idea where to look for buyers for them in Mississippi.Any one have any experience?

I'm sure you could have grown the business on  your own, but you're probably having more fun and success doing the tasks you were assigned in the partnershipGino

I'd gotten an on-market property under contract, but I found out it had massive foundation issues so I decided to assign it.

The contract is assigned, then a buyer buys the deal and their money is used as they are the ones buying it. 

Here are some good places to start: http://www.biggerpockets.com/meet- find and connect with other BP members that are in your area.http://www.biggerpockets.com/alerts - Set up keyword alerts to be notified of the topics that interest you.And, of course thehttp://www.biggerpockets.com/forums - ask any question about real estate!

You could make up an assignment, not record it, and send it to the person to hold to secure the loan, but if they recorded it, you would be screwed.

They may assign the activity 'dealer' status and tax it at a higher rate.