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Updated almost 8 years ago,
How do I Market This Deal.
Hi
New here thanks in advance bp community.
I just signed a purchase agreement with seller in a Chicago south surburb and sent it over to my escrow attorney/closer. Have to close in 45 days
Its a 4 bed 2 bath frame house, 2992 sq sitting on a 0.465 acre lot. With a zoning of mix Commercial / Residential use. Its on a major street.
Have to pay the seller $18,000.00 in cash, $35,000.00 in back taxes, $9000.00 city liens and $8000 in water bill. It needs about $5000.00 in cosmetic work.
Rent is averaging $1500.00 per month for similar.
ARV appraisal value is averaging at about $229,000.00
My question is I have no buyers list and would like wholesale or assign this to another investor or flipper for an assignment fee of $20,000.00 or find an end buyer and do a double close for a profit $40,000.00
Would would be the best way to market this?
Bet Regards.