Problem: Banks insist on “Non-Assignable” clauses in the contract.
• Solution: Form a “shell” LLC to make your offers. Once you get a deal accepted, sell the LLC to the other person for your $5k or $10k assignment and let them go to the closing table. The title company doesn’t care who owns the LLC.
Do you think forming an LLC is expensive? Try this group – check out the price difference.
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