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Updated over 2 years ago on . Most recent reply

Vincent Plant's profile image
Vincent Plant's profile image
Vincent Plant
  • from West Chester , PA
  • Member since May 25, 2017
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User Stats

104
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19
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Vincent Plant's profile image
Vincent Plant's profile image
Vincent Plant
  • from West Chester , PA
  • Member since May 25, 2017
Connect
Vincent Plant
  • West Chester , PA
19
Votes |
104
Posts
General Real Estate Investing

Help Brainstorm making a deal out of this

Vincent Plant
  • West Chester , PA
Posted

Hi, 

I am a Realtor/Investor and I came across a seller who wants to sell his property for dirt cheap. It needs work yes, but the ARV is going to be very worth it. The guy said he would sell it for $100K, and the ARV is definitely over $225K.

The problem is the seller owes about $160K on it. He wants to move because he's disabled and needs a 1 story home. This house is a 2 story. 

Aw man if I could just think of a creative way to structure a deal to get this property for that price ($100K), find a place for the seller to go, and rehab this home it would be fantastic. 


Any suggestions? 

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