charging zero assignment fee, and the percent of the profit on the backend

[Sean Dezoysa]

I definitely wouldn't do this with any old buyer who wasn't on my priority list, but I'm considering getting a deal to a rehab or for a cut of the back-end profit. it lowers his risk and increases mine,and on the other hand I may be able to justify a higher cut of the profits for doing this.

Has anyone worked out a similar deal? What percent did you charge your buyer? And did you do any kind of verification of his expenses to be sure the profit figure was honest?

[Joel Owens]

You could get burned doing that. The person can run with the money and stiff you.

I would use an attorney for such an arrangement so that everyone can be held legally accountable.