Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 10 years ago on . Most recent reply

User Stats

10
Posts
1
Votes
Ulises Romero
  • Bird Dog
  • Houston, TX
1
Votes |
10
Posts

How would you best structure this wholesale deal?

Ulises Romero
  • Bird Dog
  • Houston, TX
Posted

Need assistance negotiating here. Seller is pending divorce and their home has to go. Location is hot. I recieved two CMA reports from two different agents putting the home around 268-272k ARV. Owner owes 160k on the mortgage has basic understanding of his home's value. He want's to cash out and maximize. I offered 213K-cash, he countered with 245K. Just before I responded, I decided to come here and get some opinions. I want to offer 220K and thats my top. What other options can we create here? I can let him know that since I won't buy it myself at 245K, but I can find a buyer for him and take my assignment fee? I don't want to let this deal slip and go to some listing agent, especially when owner doesn't want to pay commissions and rather go FSBO.

Loading replies...