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Updated over 8 years ago,

User Stats

11
Posts
2
Votes
Aaron Francis
  • Investor
  • Pooler, GA
2
Votes |
11
Posts

Double Escrow using MLS to find buyer?

Aaron Francis
  • Investor
  • Pooler, GA
Posted
I'm relatively new to investing (I have a few rental properties, but Im just now learning how to do more creative deals). I recently learned about the double escrow, and I'd like to try it. I know a woman who is in a desperate financial situation (result from divorce) and is willing to sell her house for $35,000. I think it could sell for $50,000. Any advice on how to structure the deal? Is it possible to get a lease option and list it with a realtor to find a buyer within the timeframe of the option? Or can a realtor only be used by the deed holder? It's in Ohio.