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Updated about 5 years ago,
Can anyone help me find a solution?
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!