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Updated over 9 years ago,
What if I get a deal?
Hi BP,
After reading the ultimate beginners guide (awesome resource by the way josh and Brandon), I've moved forward with commitment and doing something. I posted on Facebook to all my friends that I was going to start a REI business (commitment) and started telling my personal network in my target market (do something) that I want to help people who think they need to get out of their house and don't want to put it on the market for whatever reason.
My goal is to help folks who have few options on their home and don't have time, energy, etc. to sell retail. Those that do have the time to sell retail I will refer to my agent. The market here is hot and people should get the most out of it they can, in my opinion (this helps me build trust and credibility).
The question I have is, what do I do if I get a deal where I can get the property at a good price (read below retail) and they need to close in less than a week? I'm not a cash buyer. I have a friend with cash but I don't want to involve friends and family in my first deals to protect this relationship?
So what world be good strategies to acquire such a deal?