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Updated almost 11 years ago,
Stuck on a Deal!
Been on the site for a little while now and have asked a few questions on a few things but wholesaling really caught my eye so I started doing some research and educating myself more on it. Went out for my first driving for dollars and found a great deal the owner is asking 25k but is pretty motivated to sell So will consider offers, house is a 989 sq ft 2 bdrm 1bath with 1car garage comps in the area are 45-55k, it's assessed at 37k just the way it is. Contractor estimated repairs at about 15k..my question is does this sound like a great deal? Kinda nervous on trying to start my buyers list since it's my first time doing this..any advice on how to move forward?