Even though it is a short sale, this contract IS assignable BUT agent said that the end buyer (I have the end buyers) cannot purchase the property for more than the contract price of $175k.

We are looking to assign the contract for a couple of thousand more than the back taxes.

Ready to assign at 63% LTV. 11 cap, ( based on NOI), purchase price at 10.3M, valued at 16M final analysis and actuals available upon request please send all inquiries to [EMAIL REMOVED].

I seems this agent is also a wholesaler, not a bad $17k assignment fee.

Whoever is assigned to it can give you permission.

If your spread is small you can also usually assign your option to them and have them pay you a fee (you can even collected this as a note)The last way that has worked for me is to have the seller sign a deed of trust or mortgage and record it.

You can use transactional funding to close the A-B portion of wholesale (back to back closings, double escrows, and/or assigns) deals.

The other senario is that I put the house under contract and then assign the contract to my buyer with a assignment fee built in.

Assign your contract to the QI.

Cost accounting allows for diversity in the assignment of expensing costs to income producing activities.