2 sellers 3 Showings, the 3RD has me stomped!

[Charles J Price]

I have a property that was brought to me by a realtor, but it's already assigned to the "sellers", that's asking 130k... With an ARV of 260k on the high end 240k on a more conservative end, needs about 40k of rehab, around 10k on electricity because it's an older home. I had a realtor that wants to work with run the comps. 240k @ 70% ARV and 50k in repairs put you at respectful 118k. That's without my wholesale fee associated. That's roughly 70k in profit.

If I align a buyer with the realtor that brought me the deal, should I get paid on the back in for doing so? I think it's a great deal, I'm just not sure how I can get the property assigned when it's already assigned. But if I connect them directly with a buyer, the deal could close. Is this something your willing to entertain? Why or why not? 

I'd just like my name somewhere in the contract that protect my interest but is that enough...🤔

[Mike Cumbie]

@Charles J Price

Does the agent think you are a buyer? If so they will stop anything that doesn't have proof of funds. The words "Assignable" on your contract will throw up flags (also to the original contract owner) who will most likely not accept your offer. Now if you have the money to close it and those numbers are right (and I wouldn't trust any of their numbers unless I was inside and ran them myself), buy the place and fix it. If not I'd swim past.