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Updated over 12 years ago, 09/26/2012

User Stats

26
Posts
2
Votes
Dan Golden
Pro Member
  • Dunkirk, MD
2
Votes |
26
Posts

Newbie needs help.

Dan Golden
Pro Member
  • Dunkirk, MD
Posted

Found an out of state owner that is military and hasn't been in the home for 6 years. Zillow has estimate at $171k. She owes $117 but wants $155 because they took $38 out of retirement to repair home after renters trashed it. Because of this bad experience she's not willing to hold a note. Any ideas where I can save this deal? Home needs next to no repairs, they had family keep an eye on it and have just been paying the mortgage for 6 years with it vacant. Do I just cash offer and try and flip it as a cash flow property?

  • Dan Golden
  • Loading replies...