How to record a sales price of $10

[Tim Daunch]

I am flipping houses. I'm running into potential buyers challenging me with "I know what you paid so I'm only willing to pay "$X". In Ohio, the recorded purchase price comes from the purchase price listed on the HUD-1, which the title company gets from the purchase contract. My goal is for the sale to be recorded in such a way as to conceal my actual purchase price.My question is how to write an REO purchase offer that will be accepted by the bank for "$10 and valuable additional consideration".

I often see the recorded sale of a house to be "$10". I realize that for a sale to be legal, some exchange of value must occur, hence the token amount. These are legit sales , not sheriff or quit claim. Between private individuals, the purchase contract language is something like "$10.00 and additional valuable consideration". Naturally, that "valuable consideration" is where the actual money is.

Thanks in advance!