Found a House! Now what??

[Chris Wyatt]

So I found a possible house I think I can do a deal with. But I have no idea where to start or what my exit strategy is. Senior citizen, original owner since 1958! Owns it free and clear and needs to move out to live the rest of his days. Needs some work but nothing major. Redo kitchen, bathrooms, carpet and paint. I'm guessing $15,000. ARV about $100,000. 1300 sqft, 3/2. In your typical working class neighborhood.

So what would you do? I have no cash, but since I'm new I feel like an all cash offer he would take. So hard money or should I just wholesale it? Not quite comfortable with options or lease options yet.

Thanks!