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Updated over 2 years ago on . Most recent reply

User Stats

12
Posts
2
Votes
Nancy Ma
  • Accountant
  • Camarillo, CA
2
Votes |
12
Posts

Lead for multi-family property in Ventura County

Nancy Ma
  • Accountant
  • Camarillo, CA
Posted

I'm new to real estate investing and would like to learn about the process of wholesaling but this transaction I have available might be considered a conflict of interest for me.  My client has a tri-plex that they want to sell and they are debating whether to sell the property as is or fix it  up and try to sell it for more.  It's in an estate right now and they are trying to close out the estate so it doesn't carry over into another year and I'm their CPA.  I told her that I would try and find a cash buyer if possible and have her figure out what they would accept for a sell as is price and what they would ask for if they do the painting and floors.  How would I proceed without making this a conflict of interest but still be able to participate in the transaction?

  • Nancy Ma
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