Doing a Flex Option From Start To Finish?

Posted on: Sun, 07/03/2011 - 22:30

Member

Posts: 12

Joined: 2011-05-25

Points: 45

Offline

Doing a Flex Option From Start To Finish?

Lets say i have the property under a flex option, and i find an interested buyer ready to purchase, how do i go about going through the final process so i can get paid? im stuck, anyone able to assist me on this one? i think im just missing a few pieces to make this puzzle a full picture. Im also a little confused as to who will be paying me buyer or seller?

__________________

by omarsh
Login to post comments

Posted on: Mon, 07/04/2011 - 05:45 #1

Valuni's picture

DG Superstar

Posts: 3662

Joined: 2010-06-04

Points: 11837

Offline

Onardo

You need to provide more information about what you mean by 'final process'. I don't believe that DG teaches anything about flex option in any of his books, but if you're referring to you getting paid on an assignment deal, you need to sign an assignment agreement between you and the buyer.

Have you read DG's books? they are pretty detailed on how to do assignments; also, read Carol Stinson's journal and posts for extensive information on wholesaling.

wishing you success,

Valerie

__________________

Valerie

“And will you succeed? Yes indeed, yes indeed! Ninety-eight and three-quarters percent guaranteed!” ― Dr. Seuss

"I believe in angels, the kind that heaven sends; I am surrounded by angels, but I call them friends" - Unknown

My journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/59110/...

Login to post comments

Posted on: Mon, 07/04/2011 - 06:16 #2

TrustPoint's picture

DG Superstar

Posts: 1434

Joined: 2010-03-30

Points: 5389

Offline

here is some help

http://www.deangraziosi.com/real-estate-forums/contracts-and-offers/5497...

__________________

Always Looking to Acquire Houses | Always Looking to Amaze Investors

Login to post comments

DISCLAIMER: Our DG site is here to provide real estate education, training and social networking without the promise/claims of earnings or return on investment. We don't offer tax, accounting, financial or legal advice. Before doing any real estate transaction, you should consult your own accounting, legal and tax advisors to evaluate the risks, consequences and suitability of that transaction. This site accepts and contains posts from our students, readers and the general public that we do not modify but also do not verify. There are no guarantees implied except where specifically stated.