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Updated over 11 years ago on . Most recent reply

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11
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0
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Shayla James
  • Real Estate Investor
  • New Iberia, LA
0
Votes |
11
Posts

1st Wholesale Deal!!!!

Shayla James
  • Real Estate Investor
  • New Iberia, LA
Posted

My business partner and I are very excited because we are finally about to get our first house under contract, but still have a few questions and need some HELP!!!! Would anyone be able to provide us with some sample contracts and also some exit clauses? We are going to get the house under contract for 80K. On zillow the house is estimated at 138k, and on realquest 163k. The house is 4 bedrooms and 2 bathrooms. The air conditioner needs to be replaced. No other repairs are needed. The owner does owe 6K on a loan that she took out against the house. Other than that the house is in Excellent condition. It's in a REALLY good area, and very good school district. We need help with coming up with a price to market the house for. Any advice is appreciated. :D :D

Most Popular Reply

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117
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44
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Jeff NA
  • Involved In Real Estate
  • Portland, OR
44
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117
Posts
Jeff NA
  • Involved In Real Estate
  • Portland, OR
Replied
Originally posted by Shayla James:
Any advice is appreciated. :D :D

One small bit of advice: Don't quote Zillow or some other website as your basis for price. What are the comps?

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