Can I sell before I buy? - Posted by Joshua (FL)

Posted by Greg Meade on February 13, 2004 at 06:57:50:

you take a deposit with a contingency clause that states " This sale is contingent on Joshua securing clear title to unit Serial # blah blah blah". And I saw the home…why not ask for 6k…with 3500 down and 250 per month for 10 months /no onterest. Home is old…but a true puff! And how do you arrive at 100% gain? buy for 1250 sell for 3500? Are you using that FL math again??LOL good luck josh, you hustler you!

Can I sell before I buy? - Posted by Joshua (FL)

Posted by Joshua (FL) on February 12, 2004 at 20:35:06:

Was in a home today taking a tour, snapping some pics and planning to rule the world and a neighbor stopped by. He wanted to know if I’d accept $3500 cash when I bought the property. Since I am probably going to aquire the property for about $1250, I’m thinking heck yeah.

Is there a way for me to enter a binding agreement (binding him) that if I buy the home, he will then buy it from me? I won’t get the title for about 3 days, so I’d like to tie this sale up so I can have this one done and walk out of there with a 100% gain in 3 days.