I know of a women here in my area that is an investor she already owns 4, 2 family houses and rents them out she says that she is looking for more propeties. This is where I can't get it through my head what to do. If I find her a property how do I profit from this scenario? Right now I don't have the funds to go in and buy any house I may find. Do I just refer her to these properties and try to get a finders fee from her, this is where I get hung up, do I negoiate a lower price then what the owner is asking and sign a purchase agreement to close within a certain time and then try to sell her the house at a higer price and pocket the difference? Wouldn't she know I did this?
If she looks at the house and doesn't want it then I just let the purchase agreement lapse and Im not liable?