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General Real Estate Investing

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Jason Cummins
  • Real Estate Investor
  • Katy, TX
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Partnering with the seller

Jason Cummins
  • Real Estate Investor
  • Katy, TX
Posted Aug 3 2008, 10:47

I have a seller I am talking to, seems to be a pretty decent deal. What is even sweeter is she is willing to make payments on the house while we are fixing it up, then split profits at the sale.

I am having a hard time structuring this deal. Should I get some sort of contract and get deeded onto the property? How would some of you structure this. I obviously don't want to fix the property up, then have her somehow go around us and sell the property herself. I have never done a deal close to this.

What would you all do to make sure this works out as described?

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