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Updated over 9 years ago,
So Many Contracts...
I have found another motivated seller who is willing to get rid of their city property for 13k minimum (market in my area for city property for investors to pounce is 5-15k). He had it advertised for 17k. So it fits the $ range of what I'm willing to get under contract and market to buyers.
Property needs full rehab on the bathroom, appliances and cosmetic work for the kitchen.
I have started looking up contracts but I'm just not very familiar with the language and which contract I am to use to tie up the property to then give me comfort in marketing this deal as "my deal" to my buyers list.
Should I be using a assign 2 contract or a regular sale and purchase agreement? I'm really confused but if anyone could offer me advice here and links to contracts they use for this stage of the deal, I would greatly appreciate it.