Property in Stroudsburg Pa

[Dyrol Harding]

I was looking at wholesaling a property in Stroudsburg Pa but the bank will not allow me to assign the contract. The bank has accepted a price of $260,000 and comps are $340K. Here are the details on the property:

Beds 4 Bed

Baths 3 Full, 1 Half Bath

House Size 4,530 Sq Ft

Lot Size 1.3 Acres

Year Built 2000

The property is not listed on the MLS. Does require anything more than painting and changing a few light fixtures. There is a tenant in the house who really wants to purchase (I intended on assigning to her) if she can get financing together. Eviction proceedings have started and will take a couple weeks once the marshal is contacted. The tenant is also willing to rent until they can purchase.

Can anyone recommend a strategy that will not require any/much money to do this deal? I appreciate your feedback.