I went from having no properties on my radar to two properties that I was under contract for in a weekend!

I don't want to step on any toes in the process but I would love to get all the neighboring properties under contract as well.  

We currently own a condo that we rent out, and are under contract to buy our second property, a two-family home. 

I was told that banks won’t accept “and it assigns”, on the contract. 

Doesn't have to be contractual but can be a casual negotiation, with most wholesalers they know where there numbers are and they're looking to make the profit over 20 deals versus holding onto one property till their contract expires trying to milk it for all its worth.

Hello  BP,I'm attempting to contact a FSBO to get it under contract.

This is a house that i have under contract.

To avoid all taxes you must purchase at least as much as your net sale (contract price minus closing costs but before mortgage payoff) and you must use all of your net proceeds (net sale minus mortgage payoff) in the next purchase or purchases.You can purchase less than what you sell and you can take cash but you would pay tax on that amount while still sheltering the tax on the remainder of your 1031.

Whereas it needs updating I think it may be better to sell it on a land contract.

Are contracts fairly easy to understand?