andrearollin


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Andrea Rollin

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Ask Dean's Coaches a Question nstreet3748 years 22 weeks ago

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Assignment Contracts Legalities

Hi,
I'm new to the program and have a question. I finally found a Realtor who I would like to work with on assignments/wholesale deals, but he's concerned with the legalities of assignment contracts and with how I will earn profits. He understands that he would get a commission, but is not comfortable with the method in which I would make money from deals.

I explained Dean's system of estimating FMV, and then subtracting for repairs, my percentage to wholesale, etc., then turning around and offering the property to an investor for $10,000 more. What can I tell him to reassure him, etc?

Thanks.
Andrea