Mentor telling me bad information

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hello...I have been working with a mentor lately and she has been helping me with marketing. She is very knowledgable with wholesaling and I am happy that she has been assisting me. I finally have my first potential deal and the numbers do not work for me(so I feel). There is a single family home in Atlanta ga that I am trying to wholesale. ARV $65,000. I do not have any pictures of the properties yet but the owner stated that it has fairly new hardwood floors and the only thing that it needs is a new thermostat. The houses had been rented twice for $800 (fairly low for the area) in the past since the owner has had it and right now it is vacant. My mentor is telling me that, even though the seller told me that she can not do anything lower than 60k, she still wants me to go look at the property to take pictures. Also, she stated that I may find a cash buyer that is willing to pay $65k, which we calculated to be the ARV. Is this a potential deal? Should I even bother to waste my time viewing the property?

[Michael Askew]

Keela,

This is a tough one because I believe that some investors may buy that house for a buy and hold property instead of a buy and flip opportunity. The only reason why I would take the time to go and look at the property is if I though that the seller could potentially come down on the price after I informed her of some of the repairs which would need to be fix on the property after I looked at it. But if you believe that the seller is not motivated to sell the house for less than 60k when the ARV is 65k, you may need to follow your heart and move on from this one unless you happen to know some buyers who are looking for rental properties at that price point. I am in the Charlotte, NC market and I am obtaining relationships with buyers who have different kinds of criteria which I keep in my for potential opportunities. Just my opinion. Good Luck!!