Private Seller lead - South Texas

1 Reply

I have a potential private seller with a good deal in hand however I am not sure what next steps to take. I dont have the 20% down so I am looking for a partner but how do make sure I am doing the right things needed to : 

1. secure the sale

2. I dont get screwed over by a partner. 

What would you do in this situation?

Any resources recommended to get more knowledge in this space? thanks!  

In addition, where could I offer a deal? I understand biggerpockets doesnt allow it here. 

Originally posted by @Diego Alvarez :

I have a potential private seller with a good deal in hand however I am not sure what next steps to take. I dont have the 20% down so I am looking for a partner but how do make sure I am doing the right things needed to : 

1. secure the sale

2. I dont get screwed over by a partner. 

What would you do in this situation?

Any resources recommended to get more knowledge in this space? thanks!  

In addition, where could I offer a deal? I understand biggerpockets doesnt allow it here. 

 20% down is not an exciting deal. I usually find out how much cash they need to vacate and give them the rest in a note.

It is really hard to find honest partners. Start by contacting friends and family. You'll be a lot happier.