Hey guys, here is something else that I’m working on.
Got a house in good shape and spoke with the owner and settled on buying the house for $235k and it’s worth $300k. I told them that I’m an investor and would be finding someone to live in the house. I hoped to sell for $250k and get an assignment fee. All was going great and then I filled out an option contract and they took it to their lawyer and he wants it done as a regular deal with $5k down and a regular contract. I don’t want to put myself at risk by putting up the money. How do I go about talking with the seller and letting them know that I’m not going to do this the “traditional” way and still get the contract? Thanks for the help. DAVE