Posted by Joe Kaiser on August 12, 2007 at 24:58:07:
Dan, far better to let the seller know your intentions and that a profit is
not only expected, it’s required. Once they agree to the premise, you’re
And if not, why bother with them?
The best weasel clause is you won’t be closing if you can’t flip it and
make a quick and significant profit.
That’s the only way we do business today. So, “subject to finding
buyer” is EXACTLY what’s needed.
We call it a blue pen flip.