PLEASE HELP QUICK!

[Jesse Conners]

Ok.. a motivated seller called today. his house is worth maybe 175k. Comps range from 143k-195k a lot of them being south of 175k. He owes 183k ruling out keeping the existing loan in place (right?).  He says his rock bottom price is in the 150's ruling out the wholesale. The house was built in the 70s and doesn't need any major repairs but could use some updating. I've heard a lot of experienced investors say they have a strategy for every situation. I'm having trouble finding an end game for this one and would hate to let another opportunity slip through my fingers as I have spoke with a lot of sellers but have not yet closed a deal. Any advice would be greatly appreciated.