My 1st potential wholesale

[Account Closed]

Hello BP family, I am writing you because I believe I am on the heels of my first wholesale. I would like to give some specifics and maybe you can give me some advice on whether this sounds like a go or not.

The home is a 3 BR 1 BATH and it is very outdated on the inside. needs some work to bring it into the 21st century. it has no central A/C. and has an add-on to the home in the back that is very amateurish. The sq ft of the home is 1550 sf. The home was assessed at 130 K by the city. the home owner is a motivated seller and was asking 70 K. I got them down to 50 K. The home is in a fairly decent neighborhood less than half a mile from a good high school and that property is on the corner of a main street and can be zoned commercial or residential. Please BP community tell em what you think before I put this home under contract.