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Updated over 8 years ago,
FIRST WHOLESALE DEAL HELP!!!
I have a deal in a prime area here in Austin,Tx the property is worth $228,830. The owner owns it free ans clear and is currently using it as a rental. Th house is defiantly a tear down, the lot is the only value I see. I managed to get the comps from a local Realtor. I want to make and offer for 80k but I dont want to scare off the seller since she mention a previous investor offer her 75k. This would be my first wholesale deal and I really don't want to lose this deal. Any thoughts? Someone with experience? Thank you.