The reason I can have it for that price is because I am family, and I have a passion for the home and have put allot of time into maintaining it for them.
They do not understand vendor finance and are unwilling to do anything like that.
I tried, but the old are the old.
I dont need a wrap pack sorry.
But it seems like a plan to get say 3 or 4 people together and share the cost, dupe the movies or docs in the kit and share.
But be careful as the kit may very well be copyright and if it is you cant not duplicate the contents for resale which is basically what you are doing, buying it for $4000 (or…[Read more]
I would stay away from small trade exchanges like contrabart.
I would however consider a deal with bartercard, they are well worth the effor.
A trade dollar is a “virtual/pretend” dollar.
You agree to recieve the dollar for services (or in your case the house), and then you can use it to buy from other trade exchange members.
Yes I certainly hope so.
And it can be a three way win win deal.
My vendor gets cash flow positive income with no work required.
I get to start my portfolio and some income in 2-5years.
My purchaser gets a home.
I only hope there is a vendor willing to venture with me on this one.[baaa]
A way around would be to have your LO with the 1st vendor modified to allow you to assign your option to another party for a agreed price.
So on settlement you can assign your LO to the third party to purchase directly from your provider and you get the difference between your price and your vendors.
The idea was the vendor (my vendor) would not need to source the house, or buyer.
So it is a deal with no work.
I would do all the work in finding the house, negotiating on it, finding tenants & securing a deal.
So it gives you the vendor some cash for no work yes risk, but that is the business you are in.
If you dont want risk then you should…[Read more]