How to approach an investor/cash buyer/lender with a deal?

[Ricky R.]

HELP!!

Hi everyone! I am brand new to the REI scene but very motivated, determined, and hungry. I want to be successful so Im taking my time and educating myself, working on my personal finance situation, and networking before attempting to invest. I have talked to a couple of agents, read ALOT, watched videos, attending a webinar, and attending a seminar Sunday. I also realize to be successful, it would be smart to learn and take advice from investors who are already successful. With that being said, Im kind of in an odd situation. I have a coworker whos mom passed and is selling the estate (paid off) to split between family members. She has it listed very high at the moment and about to drop the price 10k. Its been listed for 45days. Well we have spoken and shes told me what the appraisal was and a rough bottom line price. It may need updating kitchen and bath. It may not. My point is, my gut tells me there may be something there but im so new I dont feel comfortable making a true assessment. I have ran comps, checked nearby rental prices, great area, nice neighborhood and schools. Guys, what do I do here? How do I even approach a possible lender with the deal? Wouldnt they just take it if I give them all the info? Im missing something and need help. I cant seem to find a black & white answer anywhere. I just dont want to lose an opportunity because im so new. Any help would be really great guys. Im a land surveyor by trade so I can possibly be of some help to any of you in the future! Im very loyal and will help anyone, anyway I can, that will do the same for me. Thank you so much if you've read this far. Lol. I would love to chat and network with anyone in the future as well!

Best Regards,

Rick