Do i have to fill out a Hud-1 when i assign my contract to another investor. Also do the seller or do i pay for closing cost?

Howdy IndiandREI:

The closing officer or attorney will handle the Hud statement. The closing costs are usually shared between the buyer and seller but are negotiable. If you are assigning the contract you will get the assignment fee and the buyer and seller will have to pay closing costs unless you agree otherwise and have some taken from your check.