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Updated almost 10 years ago on . Most recent reply

Cass R. Smith's profile image
Cass R. Smith's profile image
Cass R. Smith
  • Investor
  • from Richmond, Virginia
  • Member since Aug 9, 2014
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Cass R. Smith's profile image
Cass R. Smith's profile image
Cass R. Smith
  • Investor
  • from Richmond, Virginia
  • Member since Aug 9, 2014
Connect
Cass R. Smith
  • Investor
  • Richmond, VA
42
Votes |
137
Posts
Wholesaling

Potential Wholesale Deal Maybe? Thoughts?

Cass R. Smith
  • Investor
  • Richmond, VA
Posted

Hey BP, 

I looked at house with a ARV of 164-174k

The seller owes 100k on the mortgage BUT the house needs a lot of work.   40-45k in work.  Its in a nice area but the seller just let his house go down the drain.   He needs to sell because he had to relocate out of state a year ago and has been paying 2 payments.

Do you think I could create a win win situation?  

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