First off market deal

[Rick Wright]

I recently got a really good lead from talking to my CPA while doing my tax returns. She had another client who owns a vacant house they needs to sale. They have owned the home since it was brand new in 1960's. The house is in very good shape other then cosmetic updates. I have been a contractor for 20 years and the repairs should cost between 30k - 40k depending on the final scope. The ARV is 145k another investor made an offer of 87K but was unable to close on the deal after several months, they have since tried to renegotiate on a lease purchase. I made a cash offer in the mid 60's which is significantly less then the other offer but informed them that the CMA's for as-is homes in the area are selling for the number i gave. I offered to help in any way regardless of their decision because i sincerely want to help. I thought i was going to be thrown out of their house but I the response was better then i could have imaged it looks like i may be getting the deal. Any feed back would be greatly appreciated.