If you are assigning your contract, it makes sense that they would want to see the contract.

I've read that an assignment clause is one way but I've also read, according to Thomas Lucier, that 99% of the time the lender won't accept them.

Garn St Germaine clearly allows such a transfer- exempt from due on sale provision.Then, owner assigns you, say, a 90% interest in the beneficiary interest of the Trust.

Can you assign a contract if you are under 18?

max payment = (rent * 50%) - desired cash flowmax price = PV (interest rate, desired loan term, max payment)These don't sound like great rentals.If you're wholesaling, deduct your assignment fee off the max prices.If you already have a wholesale buyers list, find out what their criteria is.

Hi, well we have several issues here, the OP had a key word, "broker".

If you are Assigning a Contract are you responsible for closing costs and how much is the seller responsible for?

Contact the owner and after doing some comps make an offer and have the right to assign the contract.

The whole saler will assign the contract to the end buyer and pay the wholesale fee to the wholesaler.Hope this helps.Robin

ASSUMING -- and I capitalized this, because that's the key word in this exercise -- this could be done, here are the numbers to an example I thought of. . .Let's say there's a home out there with a FMV of $250,000.