Could this work?
Hello gang, I'm just starting out in the fascinated world of RE investment, I'm all for thinking outside the box so I have a question for you guys to see if this might work. I'm looking to purchase a home in New York for about 250 K or under of course, these properties need a little bit of work but might sell for 3 to 350 K depending how much u invest, I wonder if I might be able to contact my real estate buddy so he can find me deals of this sort, talk to the seller or sellers agent and see if we can work a deal where he can sell me the property, I fix it, get a buyer and have a closing for both buyer n seller, at same time, would that prevent me double closing costs? I know all the planets have to align but there would b stipulations on contract. I also know home has to sell cheaper for a fast buck so I may not make a lot but 5-10,000 is better than nothing. Tnx