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Updated almost 15 years ago,

User Stats

471
Posts
95
Votes
Robert Burns
  • Wholesaler
  • Baton Rouge, LA
95
Votes |
471
Posts

Potential Wholesale Deal Overview

Robert Burns
  • Wholesaler
  • Baton Rouge, LA
Posted

I just came across what could be a good wholesale deal in that I have a very motivated seller and the begininng of some good numbers.
3 BR 1 BA 1,200 Sqft
Estimated ARV: $100,000
Repairs Est: $15,000
Asking: $70,000
Owes: $57,500
Vacant
Owner says she just wants out from under her note and is very anxious to sell as FSBO.
I'm taking my contractor with me on Saturday to inspect the house and get a better repair cost. Do you think a Subject To or standard Wholesale strategy is best in this case? Thanks in Advance for your suggestions.

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