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Front Porch Clause

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Services for Real Estate Pros with Auction Brokers & Investors United

20. The cash you need could come from the investment property itself. Virtually all properties need some repair; so ask the seller to make an improvement. (painting the front porch for example.)

Then, offer to make the repair for the seller exchange for a deposit. Have the seller write you a check, and then endorse it back to the seller. "as $5,000 down payment on the property and consideration for this Agreement, buyer will paint the front proch by April 15th.

Charles Parrish