Assignment Contracts

[RROACH1]

What is the name of your state (only U.S. law)? Texas

I want to wholesale real estate properties using Assignment Contracts. The TRC says that I can't receive money from someone unless I have a real estate license. Is assigning property to other investors/buyers legal in Texas? How do I approach this real estate transaction. Can the investor legally pay me at closing time or would he have to pay me before or after closing? If I negotiate a purchase agreement with assignment instructions (and/or assigns) will a title company in Texas allow the contract to be assigned to someone else (third party) with financial considerations at stake.

Thank you,

RROACH1

[HomeGuru]

Originally Posted by RROACH1

What is the name of your state (only U.S. law)? Texas

I want to wholesale real estate properties using Assignment Contracts. The TRC says that I can't receive money from someone unless I have a real estate license. Is assigning property to other investors/buyers legal in Texas? How do I approach this real estate transaction. Can the investor legally pay me at closing time or would he have to pay me before or after closing? If I negotiate a purchase agreement with assignment instructions (and/or assigns) will a title company in Texas allow the contract to be assigned to someone else (third party) with financial considerations at stake.

Thank you,

RROACH1

**A: get your real estate license.