Real Estate Newbie here so please be gentle... I recently came across 3 properties, one with a privately owned lake that is land-locked by the other 2, that I'd like to submit purchase option contract offers on. My objective is to take these contracts and flip them to a developer. Is this possible? Is there specific clauses I need to have in the contract? Is purchase option the best approach? How do I protect myself from developers from back-dooring me on this?
Thanks in advance for any guidance here!
Free eBook from BiggerPockets!
Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you