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20
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Eddie P.
  • Weslaco, TX
5
Votes |
20
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How Can I Secure My Profit?

Eddie P.
  • Weslaco, TX
Posted

Afternoon to All,

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

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Joshua Dorkin
Pro Member
#2 Questions About BiggerPockets & Official Site Announcements Contributor
  • BiggerPockets Founder
  • Maui, HI
5,815
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16,121
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Joshua Dorkin
Pro Member
#2 Questions About BiggerPockets & Official Site Announcements Contributor
  • BiggerPockets Founder
  • Maui, HI
Replied

Eddie - no problem posting it around. I've moved it where appropriate.