Options Vs. Assignments In Wholesaling-Difference?
Okay, I am very confused. With wholesaling, many have mentioned the alternative of optioning with a seller to avoid doing a double close(b/c of seasoning and having to provide cash for one of the closings). How is an option different than assigning the contract? With an option will my buyer see my profit? How many have tried both and which do you prefer? Honestly, I'm a little worried about double closings--it seems like they can cause a lot of trouble so I am trying to expore other 'options'.
Any suggestions would be appreciated.
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