Rewrite the seller's contract to your buyer — capture the retail-vs-off-market spread.
A novation substitutes a new party into the original contract with all parties' consent, extinguishing the wholesaler's contract and creating a fresh one between seller and end buyer at a higher retail price. Unlike assignment, the property can be listed on MLS during the option period and sold at market pricing — often 20–40% more than an assignment fee. No transactional funding needed.
Click Generate advisory deep dive for mechanics, IRC citations, a step-by-step execution plan, a worked numeric example on your profile, costs, risks, and this-week actions.
Buy a $1M–$5M business with 10% down, 10-yr amortization.
10% down, 20–25 yr fixed for owner-occupied real estate.
Owner becomes the bank — negotiate rate, term, and structure.
Tap home equity to fund higher-yield investments.
Borrow against your stock portfolio without selling.
Speed capital for flips, bridges, and value-add plays.
Rental loans qualified on property cash flow, not personal DTI.
Raise from LPs to acquire larger assets you couldn't alone.