How Can I Secure My Profit?

Afternoon to All,

I am not too sure if I placed this post on the correct section.

I have a potential deal on the works and was wondering if I could get some assistance. I have an investment group interested in purchasing a SFR w/ market value of over $1.1M. I have a motivated seller (Investor/Broker selling an REO). The pickle is If I can present this lead to the Investment Group how can I make sure I get my piece of the pie.


I have come up w/ some possible options:

1) Option the property from the bank (probably very difficult to do) but if I can get an Option how can I secure myself from the Investment Group or the Bank going around me? Can I cloud an option?

2) Work out an agreement w/ the Investment Group to get paid a BirdDogging Fee. If this can be worked out what are the chances that the Investment Group goes around me and purchases the property w/ another registered name?

Any feedback would be greatly appreciated. Thanks in advanced.

Eddie

Comments(1)

  • EddiePicasso9th February, 2005

    General,

    All Good Questions. The property has been on the market for over 12 months and I just started doing this REI thing. This investor group contacted me after some marketing I did.

    Yes you are correct the dool was not very good and never got done. The numbers were just not right. I do appreciate the input, though. Thanks

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