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Updated over 9 years ago,

User Stats

31
Posts
2
Votes
Richard Carpenter
  • Contractor
  • Chicago, IL
2
Votes |
31
Posts

Very Motivated Seller w/conditions

Richard Carpenter
  • Contractor
  • Chicago, IL
Posted

Found this seller;

"My son has been so sick .. he has a kidney problem and i need help financially ... i am thinking of selling the property out asap on a cheaper price and i have been in contact with few investor.. But i want a deposit upfront to be able to cover my expenses here and when we close the deal the money can be deducted ."

This property is a 2 flat, 5bd, 2ba for 29,500;

Needs a lot of work to bring back it's glory. But it's stood for over 100 yrs, & with work will be ready for another 100. 1 3BR and 1 2BR unit both w/1 bath. Alum siding 10-15 yrs, roof 10 yrs, but the units, heat, elec and plum need rehab. As-Is. Could be a great money maker. 1 block from City College, close to stores, transportation & expressway.

This is a Chicago property that I have yet to get under contract, but the seller and I have something in common...Jesus! Even though we've only talket through email, and she's been talking to other investor's, she is still waiting for my decision. What do you guys think? Help me out here.

Thank's in advance.

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