Posted by Jim IL on May 31, 1999 at 02:18:27:
Why not find a deal, pass it along, and make money all at once? Friend or not, you deserve to make money.
Find a motivated seller, get the home tied up at a price WAY under FMV, then sell to your friend at a little less than FMV and make a profit, while getting your friend a good deal also.
There are MANY ways to “get a good deal”, it just depends on your definition of a “good deal”.
For me, that means a nice profit, with NONE of my own cash involved. Even if you make $3000.00, with no cash in, then your yield is infinite.
Just my $.02,