Las Vegas SFR listed but not moving, Seller has become motivated

[Rob Pene]

I have a family member who listed their very nice and well maintained home in Las Vegas but has already seen 2 offers fall through with their Listing Agent.

I checked comparables on Redfin and noticed very similar properties were selling for $10K-$30K below what they had their home listed for.

He called me and asked if I knew any cash investors who wanted to make an offer on the property because they really just want to move out and move on with their life.

Here are some details on the home:

2 story SFR
Listed at $159K
3 bed / 2.5 bath
1460 square feet
4790 lot size
Built in 2002
Attached 2 car garage
$30/month HOA fee
Clark County

I'm thinking it would be a great buy and hold property for a cash flow investor. But maybe a Lease Option would work as well.

Not too sure how I would creatively finance this deal.

Just thought I'd get some feedback from expert REI members here :)

thanks!

[Jon Holdman]

An investor will pay them less than a retail buyer. They just need to get it priced correctly and it will sell.

Are they up for giving you creative financing of some sort?