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Updated over 7 years ago on . Most recent reply

User Stats

25
Posts
5
Votes
Graham Smith
  • New York, NY
5
Votes |
25
Posts

Chicago Real Estate Attorney

Graham Smith
  • New York, NY
Posted

Hi BP!

I am buying an off-market deal from my neighbor - he is currently finishing the rehab of his house and wants to sell it to me and I want it, but he wants 5% of purchase price first to "lock" in the deal. He is about 1 month away from finishing the rehab.

Any advice or anyone out there that knows how to do these off market deals where I don't get screwed?

Thanks for any help!

Graham

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