In both situations the Seller is covering the cost of both the “listing agent” and the “buyer’s agent” brokerage fees.

I missed your post or I would have answered sooner.In the situation you described where you would wholesale a property from a wholesaler, the procedure would depend on if it was before closing or not.If it was before closing and I was double closing, the person I was double closing to could use an assignment of contract to assign the property to someone else (the original contract is not altered).If it was before closing and I was assigning the contract, the person I assigned it to could double close the property to someone else.Now I am avoiding the idea of a double assignment (the person I assigned it to assigns it to someone else) only because I have never done one and have never consulted an attorney or title company to find out if that's possible.

Just some comments to flipper 101 as to that land contract transaction that went south.Well it does not surprise me since anybody can bind the other and to split the legal title with the seller and equitable title going to the vendee or buyer can lead to diasterous results on the title on the property if the buyer claims an equitable interest which he has..and getting a tenant out if he defaults can proves to be a nightmare and how he binded you by encumbering the property is unbelievable.If you suggest using an outside entity such as a trustee why not just use a land trust and get all the benefits of using that enitity and thus by the trustee holding bot the legal and equitable title called the doctrine of equitable conversion now you have a situation where not other party can take advantage of one another and you would all vote to your designated trustee on any and all affairs of the trust property due to it being a beneficiary directed trust so you must ALL be in agreement, sure avoids litigation and disputes and no one can circumvent you on your investment.I know that feeling of getting burned which is why I use land trusts in my investing since all parties are equally protected in any given transaction.We all made our mistakes in this business..that is for sure..

My situation is that I own one 15 unit apartment.

There are too many factors that go into why one property is higher than the next, and it isn't always a reflection of what the property is actually worth.In your situation, I would look at the different properties in the neighborhood to see what their tax values are for comparison sake, but that's about it.

But instead of destroying my business, by overcoming and working through those extremely challenging and financially risky situations, my business was catapulted to a whole new level in a relatively short amount of time.

They can save a tremendous amount of time in a situation like this.I would also start looking for your financing now.

Tenants are anxious if they've been with you a long time so it's not an easy situation for either party.

This is such a "win win" situation - I am surprised it is so difficult to get financing.I think we're onto something - at least we have a possibility.

If you wanted to go into some of those factors more for your personal situation, then I could probably help focus your strategies more.