Tactics for buying houses at small discounts (90% FMV)

[Sean Dezoysa]

Hi;

I'm targeting landlords for lease option deals. Not all of them want to give up their income stream, so for a seller who wants the ongoing rental income I'm planning to help them buy another house.

Do you guys know any strategies for buying a house at 90% of retail value (I've heard this being called "retail net")? The standard wholesaling model at 70% ARV and below is VERY difficult now in So Cal, but I don't need that big a discount anyways. I've heard you can door knock MLS listings to offer "retail net" but that seems like it could be a breach of contract for the seller