$7.5mm SFR Question...
I live in NC, got a lead on a SFR in GA appraised for 7.5mm in 2004. I contacted the gal and it turns out that she has a RE broker associate that has the listing on this property for 5mm.
The first time I talked to her, I got the impression she had a contract on it, so I told my partner, a NC broker. He tells me he has a party that might be interested in the property.
She wants me to pay her 1% of the sales price. I realize the broker on her side can't legally pay her, and my partner can't legally pay me a commission.
Any ideas on how everyone involved can make something on this? All help is greatly appreciated.
JD
Is there any way, for this gal and msyself to legally get a part of this deal? Thanks.
JD
Why can you not put the house under contract, sell the house to you investor and do an open title close?
[addsig]