Updated over 7 years ago on . Most recent reply
Creating cash out of first deal
Hello BP community! I am trying to do my first real estate deal and am wondering how to structure it. I have found a property for $295k in a nice neighborhood with an ARV of $385k the seller acquired through adverse possession. I cannot purchase the property myself as I do not have the funds for it. However, I have found an investor whom I’ve showed the property to and is interested but needs to get inside for the contractor to give a repair estimation to get actuals. How do I set this deal up so that I can ensure I make money as the finder? Is there a contract I fill out? Thank you! Any details of how to close this out is much appreciated!