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Updated almost 9 years ago,
Dallas Wholesale Question!
Dear BP family,
I need your help! Here’s the situation:
Older couple wants to move out of state
80K is still owed on the home but has been assessed for 133K
Comps show that ARV is 158K
Repairs are about 20K
My calculations show that my MAO would be 87K, however, I don't believe the couple is motivated enough to accept the offer.
Is there another way to complete this deal? What kind of investor would be interested in this property? Or, should I simply refer the couple to a realtor?