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morganREI

T/B's finding their own house

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When investors tell a potential t/b to "find a house that they like", what exactly are they asking?

for them to find a house for sale by owner?

for them to find a house for sale by Realtor?

for them to find any house that may not be for sale at all?

 

If it is a house for sale by owner, don't you think that this may be a back wards way of doing things being that it sure is harder to find a seller wiling to do LO than it is a t/b.

 

If it is a house for sale by Realtor, what kind of deal would work in this scenario?

 

morgan

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just like the gurus tell you, "don't deal with realtors on creative deals, until you know the ropes". right now your skill set isn't where it should be to tell a realtor about l/o's.

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Morgan, make things simpler on yourself and deal direct with homeowners. Like GetSmart already noted, adding a Realtor to the mix now will confuse the issue and create additional obstacles you don't need.

So, you can help yourself by having potential t/b's seek out properties that they would like, and then get back to you with the address and additional info. You would then contact the homeowner and inquire if they are interested in a lease purchase. And if they are, of course, your selling point is that you have a t/b at the ready.

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