BRAG Radio

Episode 163 - How To Assign Non Assignable Contracts?


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In this episode, Larry and Kandas talked about assigning non assignable contracts. In other words, how to not come up with the money to be able to wholesale a property. They talked about where it can be applied and what are the ways to do it.

Topics:

  • Updates form the hosts
  • Deal of the week
  • Assigning a non assignable contract
  • Where can it be applied - bank owned property - HUD property - VA-owned property - any property on MLS
  • Ways to do it: - Using a trust - Using LLC - Using financial partner - Have your buy-and-sell entity and buy-and-hold entity with similar names - Using transactional funding

Quotes:

  • "It's cheaper to the trust than LLC."
  • "It's all about negotiating."
...more
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BRAG RadioBy Larry Goins and Kandas Broome