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Updated over 2 years ago on .

User Stats

23
Posts
7
Votes
Jared Hennings
  • Investor
  • Alexandria, VA
7
Votes |
23
Posts

New Wholesaler: Help me analyze this deal in Southern MD

Jared Hennings
  • Investor
  • Alexandria, VA
Posted

I have an equitable interest in a property that based on my calculations should bring the buyer an instant $100k in equity

It is a Pre-Foreclosure so the buyer has to resolve the $100k past due on the loan before 10/17 to take ownership but Zillow shows the property value at $569k, Redfin shows at $574k, but the Purchase Price is $451,092

Property is turnkey, click link for interior/exterior pictures and offer details https://mailchi.mp/b4d9e851f87...