An assignment is part of the wholesaling strategy.You get a property under contract below market value, let's say property ARV= 400K.You get it under contract for $150KKYou ASSIGN that contract to a cash buyer for $250K.Your assignment fee would be (roughly) $100KThe assignment is part of the wholesaling strategy.1.

in the HML space there are plenty of larger firms that do things across the country.. but NO lender lends in all 50 states.

I want to keep it in the family (my grandparents originally bought it in 1957), but I’m unsure about the best way to move forward with the repairs.

Most here are real estate investors and typically those are not viewed as "businesses" because they have no real value as businesses outside the value of the asset(s) owned.

The FB group is great though.

Hi Allante, welcome to the BiggerPockets community!

Hi Jessica, welcome to the community!

You get to enjoy the FHA loan.

LVP all the way.

Due to a significant spike in demand, housing prices have skyrocketed, making it nearly impossible in some areas of the city to find solid returns as a real estate investor.