undergroundking
PARKED
Congratulation on finding a motivated seller. How about assigning rent to owns and subject 2 deals?
Just explain the benefits to the seller and how it can stop the bleed to whatever problems they were having. Get it under contract and have the seller give you time to find a T/B. When you find your potential T/B, assign the buyer to the seller for 50/50 of the down payment.
Collect your money and move to the next deal. There are a lot of buyers who have the CASH but unable to get a loan to purchase a home due to impossible to meet guidelines from the bank.
With this method, you can even make money with deals under contract at up to 95% of the value. Very little money and no credit is needed. You just need to know how to do it. Image how many deals you could get making offers in the high 80s or 90s of the value?
Just my two red cents and hope that it gets your creative juices flowing.
Take care.
Just explain the benefits to the seller and how it can stop the bleed to whatever problems they were having. Get it under contract and have the seller give you time to find a T/B. When you find your potential T/B, assign the buyer to the seller for 50/50 of the down payment.
Collect your money and move to the next deal. There are a lot of buyers who have the CASH but unable to get a loan to purchase a home due to impossible to meet guidelines from the bank.
With this method, you can even make money with deals under contract at up to 95% of the value. Very little money and no credit is needed. You just need to know how to do it. Image how many deals you could get making offers in the high 80s or 90s of the value?
Just my two red cents and hope that it gets your creative juices flowing.
Take care.
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