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Updated over 11 years ago,

User Stats

3
Posts
0
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Allison Chronister
  • Mc Keesport, PA
0
Votes |
3
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Can I make this a deal?

Allison Chronister
  • Mc Keesport, PA
Posted

I have a motivated seller but this would be my first wholesale deal and I'm not positive I can make this deal work.

It is a 3 Bed / 2.5 Bath Townhouse

ARV $105,000
Estimated Repairs $2,000 (clean-up from tenant, paint, carpet)
Remaining Mortgage Balance on the house $85,000

The seller was renting it out for $990 / month
Looking to sell ASAP but obviously won't take less than $85K

Is there anyway I can work these numbers for it to be a good deal?

He is open to seller financing, but I'm not sure how to set it up to make it work...

Thanks for any advice!

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