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Updated about 7 years ago on . Most recent reply

Dave McEvoy's profile image
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Dave McEvoy
  • Wholesaler
  • from Montgomery, NY
  • Member since Aug 10, 2016
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Dave McEvoy's profile image
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Dave McEvoy
  • Wholesaler
  • from Montgomery, NY
  • Member since Aug 10, 2016
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Dave McEvoy
  • Wholesaler
  • Montgomery, NY
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Innovative Strategies

Pay for CO to make $40k?

Dave McEvoy
  • Wholesaler
  • Montgomery, NY
Posted
I have a motivated seller willing to sell for $200k renovated, he ran out of money to get CO. Could retail for $249k. I was looking to wholetail it. CO is about $3-4k. Is there anyway to buy this property without having to front the funds for the CO? He wants cash but I did mention owner financing or buying sub 2, but he seems intent on cash.
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Eric James
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  • from Malakoff, TX
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Eric James
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  • from Malakoff, TX
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Eric James
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Eric James
  • Investor
  • Malakoff, TX
Replied

The seller can't come up with $3000-$4000 for a CO in order to make $49,000?  Smells kind of fishy to me.  Maybe there's a problem getting the CO.

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