Option Strategies in a Buyer's Market

I read an option strategy posted by Investpro90…

“If you can OPTION a house at 85% you could sell it at 90% and make a 5% spread with only your marketing expenses. No taking ownership, no making payments, no making repairs, etc.”

  1. What are the best ways to find the sellers for these type deals?

  2. How does one market and find the buyers to buy your property when the seller had to reduce the price to 85% in order to sell the property ?

1. What are the best ways to find the sellers for these type deals?
In a buyers market, they shouldn't be too difficult. No need to reinvent the wheel. The usual advice for marketing applies.
2. How does one market and find the buyers to buy your property when the seller had to reduce the price to 85% in order to sell the property ?
Again, it comes down to marketing.

In a buyer’s market I wouldn’t bother with a deal like that. Selling retail for only 10% below market will get it sold fast in a seller’s market or maybe a neutral market, but it’s not going to turn many heads in a buyer’s market.

On the other hand getting the house at 85% FMV with 100% seller financing at a low interest rate might be something to look at.