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Updated almost 4 years ago,

User Stats

18
Posts
2
Votes
Hiram Lopez
  • Wholesaler
  • North Andover, MA
2
Votes |
18
Posts

Can I Assign The Acres Of Land Instead Of The Distresses Property

Hiram Lopez
  • Wholesaler
  • North Andover, MA
Posted

I have a signed purchase and sale agreement for a distressed property. This property is on 8 acres of land, can I just assign the land instead and make perhaps a bigger profit? The seller wants 105,000 needs about 30,000 cosmetics. Homes in this area has been sold for average rate about 250,000 300,000, within the past 6 months. I looked up How much 1 acre has been sold in this area in the past 6 months, average about 57,000 a acre. I want to know if I AM in the clear to shoot for this.

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