What would your exit strategy be?

[Michael Quarles]

Deal History:

Originally a Facebook Lead who on first contact wanted full value... Facebook leads tend to be full value leads.  

Because they were a seller, although not highly motivated, we put them in our email, text and call follow up campaigns. 

Which meant that they received 29 emails over 59 days, 6 text messages and followup calls on 15, 30 60 and 90 days. Although we didnt get to the 90th day call.. 

As the campaigns were in their second month the seller replied to one of the text messages stating that they were now more interested in selling and asked us to call them.

We did and contracted at a higher value than I would like however this house is promising.

About the home and deal:

Home was built in 2013. 4-2 located in a moderate to great neighborhood.

As Is and ARV are 220-228. Payment PITI is less than 1400. Rent role indicates 1850.

Buying Sub2 165k loan 4.25%, 24 years left on loan and 60 day closing and can market during purchase.

Lets see if we have any creative investors on BP...

What would be your exit strategy?