What Up DG Fam? I guess I am still having some complications with passing deals onto other investors with foreclosures. Today I recieved a call from one of my ads on craigslist in search of investors to wholesale deals to. Well, the investor lives out of town and is looking to purchase some property to rehab and rent out for 5 yrs in my area. She is looking to invest in foreclosures and is willing to pay 5% of the purchase price for a finder's fee.
1) Should I sign an agreement with this investor about working to help her find deals?
2) How can I assign these foreclosure deals to her, or rather, lock up the property and get paid?
I guess I am still a little confuse, just thought I could get some advice on this.
"The entrepreneur always searches for change, responds to it, and exploits it as an opportunity." — Peter F. Drucker