confused - Posted by bob shupinski

Posted by Ed Copp (OH) on June 24, 2001 at 20:20:54:

my position (in the contract) for say $3,000 in cash. The contract, if properly written remains unchanged, and you sell your spot for cash. The person that you sell your position to, will then close in your place and you have the $3,000 payment for finding the deal.

confused - Posted by bob shupinski

Posted by bob shupinski on June 24, 2001 at 18:55:39:

when you get a property under contract for say
$50,000 and then flip it to your investor, do you offer the contract for $3,000 more or stay
with the $50,000? and i need explanation on
assignments and simultanious closings? thanks