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Here is a quick breakdown on contract assignment, also known as wholesaling. Each state has different laws about contract assignments, so be sure to look into that before you decide this is your new side hustle. I was also asked if the assignment fee is always $5k. I had to laugh. Some are much much higher. Really the assignment fee depends on how deep of a discount you get the property under contract for. As an investor it’s great to have relationships with some Experienced wholesalers. You wan
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