General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 7 years ago,
Need Help In Structuring A Resale Deal!
I have an absentee owner lead and need help in determining whether this deal is good or not.
My lead recently purchased the home roughly two months ago. Her husband recently suffered a stroke has to stay in Puerto Rico due to his condition. She would like to sell as soon as possible.
Purchase Price: $385,000
Asking: $395,000
Comps: $375,000-$400,000
No mortgage is owed, and the property is currently being rented for $2,500 p/m. I am interested in wholesaling this deal, and would like to know what factors should I consider to maximize this opportunity.
Thank you!