Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 13 years ago,

User Stats

54
Posts
12
Votes
Michael S.
  • Rental Property Investor
  • Dayton, OH
12
Votes |
54
Posts

First Deal: How to Proceed

Michael S.
  • Rental Property Investor
  • Dayton, OH
Posted

This is my first wholesaling deal, lead came from a probate letter.

2 properties, one in Ohio and one in Missouri.

Estimated value of OH property: $35,000
Estimated value of MO property: $110,000

Owes $42,000 on OH property, $81,000 on MO property. Asking for $45,000 and $100,000.

I know I can't offer what she wants but I know she is willing to deal. Would you leave the OH property alone and deal only with the MO property? I have a few interested buyers at around 100k. Signs were put up in OHIO, I'm not from MO. Any advice appreciated! Thanks.

Loading replies...