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Updated almost 11 years ago on . Most recent reply

Marc Tolbert's profile image
Marc Tolbert's profile image
Marc Tolbert
  • Wholesaler
  • from Cocoa, Florida
  • Member since Mar 26, 2014
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34
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Marc Tolbert's profile image
Marc Tolbert's profile image
Marc Tolbert
  • Wholesaler
  • from Cocoa, Florida
  • Member since Mar 26, 2014
Connect
Marc Tolbert
  • Wholesaler
  • Cocoa, FL
3
Votes |
34
Posts
Wholesaling

Need Ideas to Make This Deal

Marc Tolbert
  • Wholesaler
  • Cocoa, FL
Posted

Is there a deal that can be done if the situation is where the property owner wants to sell a home that is free and clear but wants market price? I ran the comps and determined ARV = $61k, market around $50-51k and owner wants $55k. Tried to negotiate, worked the numbers on him. No budge, wants $55k. I'm not going to do a deal for free but don't know how to construct this to make it profitable. Also could I buy the property close to retail then assign to a buyer who can't get financing but has cash?

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