Possible Flip - Posted by T. Moody
Posted by T. Moody on January 12, 1999 at 08:21:28:
I have found a duplex house that seems to perfectly meet the needs of a gentleman who called about buying a duplex that I have as a rental. I really don’t want to sell mine, but would like to make a profit by finding him what he wants. I need advice! I have an appointment to look at a house today that would suit his needs. Do I put it under contract with option to assign or do I just get a short option on the property? It is listed with a realtor and this makes it a bit more difficult. I don’t want to lose out on this opportunity to get my piece of the pie and be on my way to a new and exicting business. How do I word it to make sure that if my buyer isn’t interested, that I can cancel the contract? I need help soon. Thanks for your responses.