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Updated almost 12 years ago,
Marketing Home with current owner still there.
Alright, here is kind of a newb question but please bear with me.
Whenever we talk about buying strategies, it seems like a lot of time is spent on how to find the seller etc, and then just kind of jump to closing. I have worked with investors finding sub2s, LOs and regular flips, but never actually pulled the trigger myself and this is honestly the most daunting part for me.
If you have a seller, a whole family, with a family's full of stuff in a house that you are looking to sell under a Lease Option or flip, how do you go about marketing and showing this house? You have the option to buy with them, giving you say 30 days. I guess for me the concern is that I will have this homeowner sign the option and the contract, have them spend the money to move out of their house and move into a new place, and then for whatever reason be unable to find a suitable buyer. In this example the buying strategy doesn't involve me getting financing. Granted, you should have a buyers list already set up but lets say you don't.
Thanks