Re: Lonnie Deals in Texas, How r u doing them? - Posted by Not Sure
Posted by Not Sure on December 10, 1998 at 20:43:36:
I don’t know if this would be a legal way around this requirement, but here it goes anyway (Maybe some of the experienced Texas “Lonnie Dealers” can comment on this):
What if you offered the seller an option $ amount for the right to buy (for 30 to 60 days) and then found a buyer and had the transaction take place between the original owner and the buyer that you found (With you providing the financing). Since you never owned the property and are only acting as the banker, could this be the work around?
P.S. I have not done a Lonnie Deal, but would be interested in discussing with other Texas Lonnie Dealers. Please Email me. Thanks.