please help first call from a seller

[Walter Thompson]

I need some help I found a 2 family home for 70k ( he's asking that price) 2 bed. 1 bath. Each house I can only get three comps out of there one house sold for. 11/12/13 for 130k.

And three other homes that are the same for 45k. Now I be they are wholesalers.

But there is a house on the market right now for 124k if you let me know what to do this is my first time talking to a seller.

He said it needs about 2.500 worth of work

So the question is how do I really find out what the house is worth and what else should I know about the house.

Thanks for any replys

[Tom Keith]

go see it first. Look for yourself at condition. If you are not knowledgable in rehab take a contractor friend. I'm new as well but I found a home called the seller. Looked at it and BROUGHT A CONTRACT WITH ME. Guess what. We signed that afternoon. It's going through process now. Good Luck to You.

[Walter Thompson]

@Tom Keith

thanks for the advice the owner lives in GA I forgot to mention and he claims he rents out them both for 1.500 a month

[Account Closed]

Get a realtor run the comps and get a GC go with you to look at the home and see what it will cost to fix it up? Make the seller a cash offer with no contingency of financing.

Joe Gore