Need Advice In First Deal
Thanks in advance for all who help out!!
I am selling my sisters house for her (option contract), and I have found a buyer that wants it, and this buyer wants me to help them sell their condo too!
I have been studying Ron Legrand's Option System, but I have cold feet. I live in California, and if someone knows any specifics regarding these types of deals and how to have an escrow agent do it correctly so I don't end up paying too much closing costs or any at all, I would greatly appreciate it.
Is there a less compicated way or other contracts to use other than an option to flip the properties? Also, since its my first deal, I am being very generous with both my sister and the buyer.... I am not making much of a spread ( trying not to be greedy ).
Can someone give me pointers regarding doing this in California and some things to do or look out for?
Thanks alot.
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