Hi guys situation is l found an apartment complex that has some investors l am in contact interested, now the problem l have is how to structure the
deal in such a way that l get more than the peanuts they are offering for a referral fee. in other words l want to set up an assingment of contract type of deal but l’m not sure how to do it on an apartment complex.
pls help me
Find the owner and get it under contract. Record a memorandum of the contract and you hold the cards.
How does recording a memorandum oF the contract process work?
You need something to record a memorandum of, first. Find the owner and get him/her to sign an an option or purchase agreement first. Do your due dilligence to insure you get it at a good enough price to make money yet not have to sit on.