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Updated over 11 years ago on . Most recent reply

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738
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Stephen Akindona
  • Investor
  • Memphis, TN
844
Votes |
738
Posts

First potential wholesale deal, question????

Stephen Akindona
  • Investor
  • Memphis, TN
Posted

Hey BP!!! Looking for a little guidance with this!

I found a potential wholesale deal but looked up the property and found that the owner of the property is not who I have been talking too, how do I verify that this guy has the right to sell the property, should he have a contract?

Anyway it is a 3/1.5 and from what I can gather on the phone is that it is vacant and boarded up and will need a good bit of work maybe 20k. He wants 9k. The house has an ARV of 43k. What do you think about this deal? Anyway thanks for the input!

  • Stephen Akindona
  • Loading replies...