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Updated over 14 years ago on . Most recent reply

User Stats

60
Posts
8
Votes
James Gravitt
  • Rehabber
  • Dallas, TX
8
Votes |
60
Posts

I need help with a deal!!!

James Gravitt
  • Rehabber
  • Dallas, TX
Posted

I have someone offering a 2001 2/2 that looks very nice. Hopefully I will walk it tomorrow. They are asking $5000, because they need it sold soon. They are leaving town mid July. Surely I can get it for $4000, I hope. I plan on selling it for $13000 @ $450 a month for 36 months, with no money down. I need someone to help me with which contract I write up to hold it for $100 with the balance due after they move out. I'm hoping ot have it sold before they move out, but just in case I want to back out I want to know how to write up the contingency.

Most Popular Reply

User Stats

207
Posts
33
Votes
Joe Pitrolo
  • Investor
  • Morgantown, WV
33
Votes |
207
Posts
Joe Pitrolo
  • Investor
  • Morgantown, WV
Replied

"No money Down"? Is that because lot rent and utilities are high?
I prefer at least 1k or even $500 down, seems to bring more qualified buyers also.

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