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Updated over 9 years ago,
Potential Wholesale Deal Maybe? Thoughts?
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?