First Wholesale! Need Advice

[Phillip Joo]

Hi BP Forum, 

I was driving along the roads of Corona, CA looking for homes to buy. I came across this home, and the owner was outside when I asked, "Hi there, are you or anybody you know looking to sell their home that hasn't put it up on the market yet?". He shouted YES!, and told me where to park, to show me his home. His home very clean, open, and "redone". He had moved in to that home 3 months before when the home was junk, then renovated it. He is not a REI, hes an accountant that works in Downtown LA. (Around 2 hours away).

He then showed me his cozy home, it was very clean, new lights, new AC unit, New Paint, Tile, you name it. We then talked outside about pricing. He said that he bought it for $325,000, and put $25,000 into it. He wants what he paid for basically, in order to find a new home near his work. This will be an opportunity to help him, his wife, and their children. 

There is also a house 200ft away that is selling for $380,000. Its in good condition, but it has 1044sqrft w/ 2 bedrooms, 1 bathroom. A detached garage, (Not permitted) 

The home that I am looking at is 1650 Sqft 4 bedroom, 2 bathroom, and has two driveways, as does the comp. 

What should I do? How should I handle this? Its definitely a wholesale, but how should I find a buyer? Investor or a first time home buyer? 

P.S. As I promised myself, A portion of any transaction will go to Charity Water.org.