Option agreements can be assigned to an end buyer as long as you include "and / or assigns" next to your name.Just purchased my first Option from an owner last week for $10 & now I'm marketing it like crazy to find a buyer to assign it to before it expires.Thomas Lucier has an excellent book called How To Make Money With Real Estate Options - if you purchase his book he gives you access to the forms he uses.

This book also talks about receiving seller financing from motivated sellers as a way to get into a property with little or no money down and other ideas of the sort.

Since then I've been reading many RE books (so many books) trying to get a handle on what's involved.

Time to retail some houses.Does anybody have good books/online resources that cover retailing start-to-finish?

I would go to the library and read every book you can about real estate and investing.

When I first started, we kept books on our flip costs but not my time.

I would definately suggest this book to anyone looking to expand their knowledge of real estate finance.

Robert Irwin is the author of over 60 real estate related books.

The potential liability is very high if you miss something during the process that later surfaces causing the investor/developer to lose money.Some of the skills you should have are a firm grasp on financial concepts and forensic accounting because sellers lie and they will cook their books too.

One goal for 2009 is to read 25 books on real estate investing, though I may throw a few marketing books into the mix.I just finished reading How to Make Money in Commercial Real Estate for the Small Investor by Nicholas Masters.Here is my Amazon review: http://www.amazon.com/review/product/0471752614/ref=cm_cr_dp_synop?