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Updated almost 8 years ago,
Motivated Seller with no Solution
I came across a motivated seller who's elderly mother owed 160K on the mortgage and wanted to sell fast. She was asking 190K, so she could use 30K to purchase a mobile home for her mother. I checked the comps in area and found that a 20K rehab only would get me 215K. I wanted to wholesale it, but there isn't enough room for any fee. I could only offer 160K to flip it, but I do not have to funds to flip it myself. How would I be able to help this motivated seller out?