Wholetailing as a Realtor

[Mike Cartmell]

I have a deal which is a prime candidate for wholetailing. Comps are around $215k and we have negotiated to purchase for what they owe at $180k. It needs very minimal work and I wouldn't put any money into it. My plan is to list the property on the MLS but am not sure how to go about doing it. The seller is aware of my intent and I have disclosed that I am a licensed Realtor. I am not representing the seller and will be a principle in the transaction.

PITI is currently $1640/month

Which is the best way to handle this?

1.Lease option it and then double close

2. Lease option and assign the contract to the end buyer

3. Purchase subject to.

Thanks in advance!