All Forum Posts by: Megan R.

Also, I've called realtors for estimates on condos in the area, but I just got "we'll have an agent get back to you."

Hello, I'm about to put under contract a condo 900 sq ft., 2bd 1 bath on Pascoag Main St. in Pascoag, RI- free standing-I've gotten some sold condo comparables for roughly the same sq ft. and bed/ bath from trulia in a two mi radius- .5 mi away, a condo is selling for 79k, another sold for 98, and 2 mi away they're going for 200k to 260. Seems like a good deal, right? Well, the seller I'm getting it from owns a number of properties, is obviously not new to real estate, and I just don't understand while he's selling so cheap (buying for 68). When I asked him, he said "it's just too far away, I want to get rid of it." It's a very nice condo- maple and cherry cabinets, granite, custom tile, fresh paint, etc. Nice neighborhood, more or less. Can someone come up with a more accurate ARV for it? Close to the 200's on Pascoag Main St. I'm just worried I'm missing something (and I'm pretty new to the game). Thanks!

A meetup sounds great. Also, thanks again, Bob, for the generous offer.

Hi there,
So, I just checked under Resources/ Fireplace for an example of a filled in Rhode Island purchase and sale contract for the purpose of wholesaling, and there was none. Could anyone help me out? And how might the contract look different if I'm doing a double close?
Also, at what point do I give a deposit to the closing attorney?
Thanks for any help,
Megan