Flex Option Vs PSA

[James Hiddle]

I'm working with a very motivated seller who got embezzled and now has gotten behind on his luxury home payment so now he is in a state of preforeclosure to the point where he has no choice but to sell.

This home has a lot of equity about $280,000 so I'm about to put it under contact and wholesale it out to a buyer I have lined up.

The question should I put this under a flex option or use a standard PSA agreement with some escape clauses?