still looking to contract my first home

[Shequann Burrwell]

I looked at a house to day it was huge very nice on the in side.
it home movie theater many bath rooms and a lot of bed rooms mater bed room has his and her sinks basement has plenty of room for more bed rooms. all rooms are finished. 3 car garage pool and separate fenced in back yard and lots of land around the home included. the home has tons more. the down side is that the basement is finished and has mold in a lot of the hall ways and rooms. there is evidence that they home is being upgraded since a lot of new stuff has been installed but the mold might kill the deal of anyone looking to purchase it. the home was listed for over a million dollars last year but now is going for 422000 i believe it is bank owned how do i go about contracting this home then finding a buyer willing to pay that price with the mold issue and all. its a steal i think and if i had the money to but my self to live in it i would. is it a wholesalers dream deal or am i out of my league when it comes to finding a buyer for it since it might be bank owned.

[Carolina E.]

Shequann Burrwell do you have any comps? Have you seen what these properties are going for? If it's an REO you will need to wholesale it a different way then just assigning the contract. You should look up some articles on flipping REOs.