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Updated about 5 years ago on . Most recent reply

User Stats

4
Posts
0
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Keshia Jackson
  • Flipper/Rehabber
  • Concord, NC
0
Votes |
4
Posts

Can anyone help me find a solution?

Keshia Jackson
  • Flipper/Rehabber
  • Concord, NC
Posted

Hey BP family,

I have a motivated seller with a home that is worth anywhere from 210k-235k ARV, but the work is very minor. The house is in a good neighborhood and needs cosmetic work only. My seller owes 157k on it and would like a cash offer. I'm thinking of finding a buy and hold investor to rent the place out, but I want to make sure I explore all my options with this property. Is there any other strategies I could use to make a profit and find a solution for my seller? She would like to make enough money to make a down payment on a condo.

Thanks in advance!

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