They know straight out that I am assigning it.

You can purchase the house from the seller using an option agreement with a purchase price of $130k and then assign the option to the buyer for a fee of $10,000.

I intend to get $5,000 for an assignement fee.

Just wondering if there's a market for flipping by assignment manufactured homes.

With an assignment, your fee should just show up as a payment, and all the costs would go to either the buyer or seller, as determined by local custom.

It's in a neighborhood surrounded by million dollar homes. anything about that sound like it would be worth optioning him for and assigning it for a few bucks?

Everything I read so far has the 2 terms separated, yet they both seem to mean the same thing - seller keeps the loan, you put the property in land trust and assign yourself as beneficiary.

I have a rehabber on mylist who is almost done rehabbing 2 properties.The FMV is around 360k.He gets these properties so cheap, that he is dumping them for $220,000.I want a piece of this.He said that he will let me assign them.He will only put them under contract if I have an end buyer in place.If I dont have a contract on it, how do I find an end buyer without them going behind my back on the deal?

From: Dicarlo, Heidi A Sent: Thursday, May 07, 2009 12:30 PMTo: '[email protected]' Subject: RE: Contact Information....Hello Joe, I just heard from the Underwriter assigned to your modification request.

Find a good deal; put it under contract; then either assign the contract to an investor or buy it and sell it to an investor.