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Updated over 8 years ago,

User Stats

72
Posts
10
Votes
Riley Hinshaw
  • Flipper/Rehabber
  • Highland, CA
10
Votes |
72
Posts

FSBO DEAL NEED HELP

Riley Hinshaw
  • Flipper/Rehabber
  • Highland, CA
Posted

okay BP, i have another question i can really use help with. So i came across a deal on zillow when i was searching the "For Sale By Owner" listings. It is listed for $530k and after contacting the homeowner he told me he will take $520k minimum. In the pictures you can tell its in great shape, the kitchen looks recently upgraded and it appears there is probably about $20k in rehab needed minimum however ill wait for a contractor to assure that. I checked a lot of comps and the Arv of the home is about $650k. I know i have cash buyers who will be interested in buying this property, my question is, How do i go about doing that ? should i put it under contract ? or do a double close? How should i go about allowing buyers to view the property without the homeowner finding out im making $10k off him? What should i do!? what should i say to the homeowner ?

please help me out BP,

thanks!

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