deal help.

[Matt Ellis]

Below are notes my VA sent me on a lead. Not sure what to do. Any advice?

Asking Price:  $70,000 

Least Price:  Let me see what you can offer but I can work with the price for you.
Repairs:  No need to.  Everything is being repaired when he bought it.  It has dining and living room.  Fully furnished and all furnitures go with the house.  Fully carpeted.  New Air conditioning.  Brand new toilets.  All brand new doors and are up to date.
Vacant:  It's been vacant for 3 months now and they're just renting a whole apartment.
Reason for Selling:  Hospital Issues with wife.  Movin and they already have a house targetted.  They just need the money for down payment.
Mortgage:  YES Amount Owed:  $22,000

If we can agree on a price and we accept all responsibility for future repairs, would you consider a lease purchase?
Answer:  NO.  Just want to sell it fast. Need cash ASAP.

So if you're saying if you don't get full price and all cash you won't sell?
Answer:  YES but as I've said I can work on the price with you.

My NOTES:

This person is really motivated to sell.  He doesn't want to put the property on the market and list it with investor or realtor.  If this is what we're doing, he doesn't want it.  He just want to sell the property as soon as possible.  He doesn't have email address as he is never good with computers.  No fax number too.  If you want to make an offer, you can call him back tomorrow 10a.m. and he will be willing to listen to what you can offer.  

[Jeremy Tillotson]

@Matt Ellis know what the property is worth and make a offer, then partner with a BP member or get a HML. Alll houses need something, but if you can get it cheap and sell it for 30% more with no work that's still a deal. Plus you may have an auction to sell off the stuff inside and maybe even try to auction the house, worse case you get rid of furniture make some cash and meet other cash investors. Just my thoughts. The Key is knowing the market, to know what the true value of the house is