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All Forum Posts by: Philip Mahonie

Philip Mahonie has started 1 posts and replied 1 times.

Post: Need Advice on deal

Philip MahoniePosted
  • Real Estate Investor
  • Chicago Ridge, IL
  • Posts 1
  • Votes 0

Hello to all,

I have a couple of deals cooking, but need advice on one of them. Ok, I have this single family home in a suburb of Chicago. Aurora, IL the home is dated and I know that it has potential. The seller contacted me and informed me that it went through the probate courts and ready for sale. It's free and clear and I am looking to wholesale it off to an investor. The problem is that most of my investors buy in the city and not 30 miles out from the city. The area is nice and largerly a latin community, how would you approach this situation? The seller attorney sent over the contract today, how should I go about this one? :help: