Subject to Banks Approval

I am in the wholesale business and when I look at properties on the mls from realtors, an see (subject to banks approval). Should this be properties i stay away from as a wholesaler. or is there is way to to assign properties like theses to my buyers. Is there a possibility, these kind of deals can be assigned.

You won’t be able to assign your contract on a short sale, but you can do a double close with your buyer.

Also keep in mind that if the short sale hasn’t been approved by the bank yet, you may be waiting a very long time until you get an answer.

Steph