Assignment Of Contract / Flipping Help!!!!
I know in certain areas of the USA there are more & more problems with assignment of contract. I know Fannie Mae, Freddie Mac, and HUD Homes have a problem with assignsments.
My question is how can I as a small a Acquisitions company get around assignments & getting my fees added to the "hud" at closing or get paid period.
A lot of research goes into finding each property for the investors I work for to find the best equity, cash flow, and appraised values. My fees range from $5K to $10K.
I am in the Atlanta, GA market & Kansas City, MO area.
I am looking for any Creative Financing or suggestions anyone has.
Thanks
Grant
When you pay with cash, and don't need to seek financing, the road is a little smoother. Its the FHA lenders that have a problem with flipping.
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