Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
FSBO DEAL NEED HELP
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!