Wholesale, with a subject to for the seller
I'm currently working on a wholesale in Dallas on an expensive property. It wont be under contract till tomorrow most likely. I give it a 90% chance. The owner basically wont do it unless i help him find a place to move to over in Red oak. Finding a property to buy for him wont be a problem. I'm wondering if there is a way i could structure this or convince him to buy his red oak property lease to own. That way he wont feel obligated to stay there permanently. MY idea is to buy the property first subject to and then sell it to my Dallas owner rent to own through an AITD. Is this illegal or a better way to set it up without feeling like I'm cheating the system. Any thoughts BP?