Property - What Should I Do?

[Jacob Dame]

So I have people who look out for properties that I could wholesale.  They get a $500 cut so the incentive is pretty high for them to refer them to me.  They don't understand how wholesaling works so they aren't competition.

Anyway I was recommended this property: http://www.zillow.com/homedetails/231-County-Road-...

It's on Zillow though.. I have an investor who wants properties under $150k that need light repair.  Apparently this person (I have his contacts, have not contacted him) has been trying to sell the property since June this year and is 'really itching to get rid of it'.  How should I approach this?  I have not done any wholesale deals before, this is the first time I've got my feet wet in investing.  Thanks so much!