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Updated over 10 years ago on .

Richard D.'s profile image
Richard D.'s profile image
Richard D.
  • Investor
  • from Fort Worth, Texas
  • Member since Apr 25, 2013
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User Stats

309
Posts
150
Votes
Richard D.'s profile image
Richard D.'s profile image
Richard D.
  • Investor
  • from Fort Worth, Texas
  • Member since Apr 25, 2013
Connect
Richard D.
  • Investor
  • Fort Worth, TX
150
Votes |
309
Posts
Buying & Selling Real Estate

Suggestion ????

Richard D.
  • Investor
  • Fort Worth, TX
Posted

I have an owner of a property who's mortgage is at 80% ARV, the numbers don't work for a buy and hold rental, and the property is in too good of shape to spend much on rehab, approx $8K.

My thought is get property under contract for mortgage $110K, less closing and rehab, and sell @ market, which is about $130K. Any suggestions on how to find a qualified buyer quick?

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