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From: Megan Reimers
Hi Everyone, getting addicted to this site Newbie's Paradise! I have been reading up some info on property strategies(john Burley) re flipping I have a couple of questions. When doing this how do you do it so that the vendor and purchaser that you have found are not aware of the deal. The vendor knowing how much you onsell it and the new purchaser knowing what you paid for it? Conflict between parties being the issue. I understand the part of putting 'Joe Blow and or Nominee on the offer and acceptance so that you can opt out of the deal but how would you then do it without full disclosure? I have heard you can secure a property with 'an option to buy' contract that way you can sell the option instead of trying to sell the property as if it was already yours? I am on the wright track.. I have so many questions and I don't want to take up too much room! has anyone done this and could give me some info???
Thanks Megan
Hi Everyone, getting addicted to this site Newbie's Paradise! I have been reading up some info on property strategies(john Burley) re flipping I have a couple of questions. When doing this how do you do it so that the vendor and purchaser that you have found are not aware of the deal. The vendor knowing how much you onsell it and the new purchaser knowing what you paid for it? Conflict between parties being the issue. I understand the part of putting 'Joe Blow and or Nominee on the offer and acceptance so that you can opt out of the deal but how would you then do it without full disclosure? I have heard you can secure a property with 'an option to buy' contract that way you can sell the option instead of trying to sell the property as if it was already yours? I am on the wright track.. I have so many questions and I don't want to take up too much room! has anyone done this and could give me some info???
Thanks Megan
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