In this episode, Larry and Kandas talked about assigning non assignable contracts. In other words, how to not come up with the money to be able to wholesale a property. They talked about where it can be applied and what are the ways to do it.


Topics:
Updates form the hosts
Deal of the week
Assigning a non assignable contract
Where can it be applied
- bank owned property
- HUD property
- VA-owned property
- any property on MLS
Ways to do it:
- Using a trust
- Using LLC
- Using financial partner
- Have your buy-and-sell entity and buy-and-hold entity with similar names
- Using transactional funding

Quotes:
"It's cheaper to the trust than LLC."
"It's all about negotiating."