I have a potential Deal, Yes , My first potential deal. Help!

[Orlen Fuentes]

I have a Potential deal. The house is in a great area. 3/2 1345 sqft on a 7500 sqft lot. The seller wants to sell the property... He is motivated ! Why? Because he does not want to place a tenant with the laws in place that protect tenants from evictions. There is a competitor that has proof of funds already. The house is worth minimum 407k but potential is 430k. I came to him as a wholesaler just like my competitor. The house is in rentable condition and rents for about 2.4k/month. Please advise me what I can do to profit from this potential deal and close. Thank you in advanced !

Orlen 

[Matthew McNeil]

You're asking us to tell you how to profit from the deal, but you've only given us two figures; minimal purchase cost and gross rent. You're not providing enough numbers for us to offer the advice you're seeking. It doesn't sound like you've carefully looked at this. Therefore, the best advice I can offer is don't do the deal.