So I’ve found some properties that seem like good deals so far but I have a question.
I plan on putting them under contract and assigning it to another investor, but I’m wondering what I do about the following part. The seller says owner financing is an option for “qualified buyer: 10% down, we hold mortgage, you take title, you rehab, and own”.
Now, if I’m assigning this, how to I take care of the qualified buyer part?
I don’t have to worry about that part right because I just get it under contract, show my buyer, then he takes over and has to deal with the “qualified buyer: 10% down…” right?
I’m new, be gentle please. If there is a better way to do this deal, please let me know.
Thanks