Huge profit margin on this deal.

There may be ethical reasons to not assign a contract (my personal opinion is that (1) if the contract provides seller financing or other terms that rely on the performance of the buyer after the closing, it is unethical to switch buyers without the seller's permission or (2) if you haven't properly vetted the assignee or used language to prevent them from also assigning to someone who can't perform and you are not able to close if they fail to, that is not fair to the seller) but that is a personal opinion not a legal distinction.I'd be interested in taking assignment of your contract if it is a truly profitable deal. 

I flip for profit, and use the profit to invest in CF deals. 

Profit of over $60,000

That’s 2100 each for capex and repairs. with the cash flow there, there is more buffer if needed, I just don’t think I can expect a larger buffer.

I will focus on small multifamily properties and single family homes in the short term and possibly trade them in Monopoly boardgame style for a larger apartment complex in the future.

The other advantage to the buyer is that now in the property history it shows that they bought it at a higher price, which makes it look like they are getting less profit when they sell it later.

Scott will tell you that you have to build in your profit . 

MonthWanting information on getting commercial loan this is new to me I have 15 doors mostly single families and wanting to grow into larger complexes Thank in advance David

Investment Info:

Single-family residence fix & flip investment in Jeffersonville.

Purchase price: $70,000

Cash invested: $90,000

This property was the biggest transformation so far in my REI care...