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Updated over 15 years ago,
I need help to close my first deal!
Hi everyone, I just stepped into the R.E. Wholesaling few weeks ago and surprisingly, I already found a seller who is going through a short sale on his property. I've contacted one of the investor whom I found in local Chicago land area and he is interested to look into this deal. I know wholesaling a short sale might be different than wholesaling a property which is not a short sale( movitated seller, FASBO ect.). So I need help to get some ideas what are some of important steps that I must do to make this deal successful and what are the things that I have to avoid from making the deal to fall apart.
Any help would be highly appreciated. Thank you.
Appraised : $700,000
Short Sale : $550,000
Seller Agent Involved / Got few offers in already / Investor wants to talk to the seller