What is the name of your state? Pa
I've found a few properties that I believe to be sound investments, however I'm too poor to do the investing so I'm trying to locate buyers from those "We buy ugly houses" signs. The prices are rock bottom , usually somewhere between $500-$2000 and all their comparables are up around $30k or higher although the subject properties might need somewhere in the ballpark of $10k-$20k ( the former being the majority, nicer return properties around $20k) worth of work to be "marketable".
I can't really afford to get the houses under contract where I'm the grantee, the problem with options are that upon telling the investors they can wait out the term and buy afterwards.Besides , I don't think the sellers would even consider any kind of options on the transaction.
How can I protect myself and see that I get paid from the investors when I present all the information they need to make an informed decision about purchasing these properties I have found?
I've found a few properties that I believe to be sound investments, however I'm too poor to do the investing so I'm trying to locate buyers from those "We buy ugly houses" signs. The prices are rock bottom , usually somewhere between $500-$2000 and all their comparables are up around $30k or higher although the subject properties might need somewhere in the ballpark of $10k-$20k ( the former being the majority, nicer return properties around $20k) worth of work to be "marketable".
I can't really afford to get the houses under contract where I'm the grantee, the problem with options are that upon telling the investors they can wait out the term and buy afterwards.Besides , I don't think the sellers would even consider any kind of options on the transaction.
How can I protect myself and see that I get paid from the investors when I present all the information they need to make an informed decision about purchasing these properties I have found?
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