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I remember on Peter Fortunato’s last conference call he talked about a great strategy.
He finds people who will sell with seller financing or subject to. Then, he gets an option.
He finds another buyer who will close with the agreement that they buy the house, they get the $8,0000 1st time home buyer incentive and they will stay in the house for 3 years. But at the end of the 3 years, Peter has a buy back option.
How many people do you know who would move in to a house so they can get a check for $8,000?
This is an easy strategy to use in your market today.
Anyone doing this?
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