Finding owners of a home

[Andre Walker]

Hi everyone,

I am fairly new to real estate investing but I believe I have come across a decent deal in Albany NY.

Home is very old built in 1864 ask is 84,900

Needs a ton of work!

Similar homes in the area have sold for $199k

Current market value on Property shark $187k

The owner of the property has long since passed away but I am having trouble getting in touch with someone who can handle the estate. I have done some research and found who the son and grand child are (it’s amazing what you can find on the internet) but am not sure how to reach out or what to say. As that seems like a very awkward convo to have, especially for a first flip.

The listing I found it on said cash offer but I have contacted the real estate agent multiple times and they keep saying they will get back to me once they contact the owner (which why I did my own research) And has been up for quite some time. I am little worried about how to finance the deal if I get it under contract. One of my biggest fears is signing a contract, not being able to get financing and being on the hook for x thousand dollars. Any help, suggestions or advice would be much appreciated.