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Podcast 326 – Assigning vs. Wholetailing!

June 28, 2017 / Comments (0)

Michael Quarles Podcast 326 - Assigning vs. Wholetailing

Michael goes over whether or not you should be assigning contracts or wholetailing, and much more…

  • Once I get a property under contract do I put it under my DBA or my personal name? I will then use the profit from my first deal to properly file for an entity.
  • If I am going to do a concurrent close and I have my own cash buyer. What contract can I use for the cash buyer.
  • What is the risk to me taking a property Sub 2?
  • There is a lot of opportunity to assign my contracts. I assigned 5 contracts last year, and made about 30K. I want to move towards wholetailing now, but seems to be a much bigger transaction. Michael should I continue assigning or take the risk of wholetailing?
  • It’s difficult for me to wrap my brain around why someone would finance their own house being sold, especially when the initial conversation is I pay cash. My question is how do I start the conversation?   
  • Where can I get the contract for sub 2 and seller finance deals, and would you teach me how to fill it out?

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Last modified: September 4, 2018

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