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Updated over 7 years ago,

User Stats

469
Posts
32
Votes
Benjamin Cowles
  • Cape Coral, FL
32
Votes |
469
Posts

Are straight options good when without sufficient buyer's list?

Benjamin Cowles
  • Cape Coral, FL
Posted

once a seller asked me, in other words, 'so what do ya want? I got all kinds of properties, wutcha want?' and I remember fumbling through my mental script but now I'm thinking I should have told him what my heart felt which was 'Well I want them ALL MUWAHAHA....' and then another time a seller had a pretty good package deal on three of his tenant filled homes which I expressed interest but ultimately gave up after failing to sell him in any seller financing. So I'm wondering if purchasing straight options from these sellers, say for 10% of the purchase price, then resell the individual options would be a good strategy. I don't see why not but I haven't read much about straight options.

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