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Updated about 15 years ago on . Most recent reply

Frank McGovern's profile image
Frank McGovern's profile image
Frank McGovern
  • from Philadelphia, Pennsylvania
  • Member since Dec 8, 2009
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Frank McGovern's profile image
Frank McGovern's profile image
Frank McGovern
  • from Philadelphia, Pennsylvania
  • Member since Dec 8, 2009
Connect
Frank McGovern
  • Philadelphia, PA
31
Votes |
97
Posts
Wholesaling

Help with 1st deal!!

Frank McGovern
  • Philadelphia, PA
Posted

I am about to get my 1st property under contract. The seller wants $17k. Needs $5k in repairs. A house on the block sold in Dec. (same attributes as the house Im getting under contract) sold for $60k. There are houses on the market within a block radius of my house going from $55k to $70k. I was gonna offer it for $25. I think its a win-win-win situation. What do you guys think?

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