I’m a very newbie! Need some help:
I have a lead on a pre-foreclosure deal. Don’t know the numbers yet, but when I do get the numbers, and IF the deal makes sense here’s my questions:
#1 Do wholesalers normally assign a Sub2 deal or is it more practice to keep the property yourself and L/O?
#2 If you DO wholesale a Sub2 deal, do you put the deed in a land trust and then transfer the deed from the trust to the investor at the same time as you assign the purchase agreement to them?
Thanks for any help! I also posted this on the Wholesaling forum - wasn’t sure if it was a Sub2 question or a Wholesaling question.
Thanks again for any advice!