All Forum Posts by: Reeshemah Williams

@Elisha, Thanks girl. I will definitely let you know.and @Brian, Thanks, I just completed the purchase contract. Again Thanks for all the assistance..I am so glad I joined this network. You guys have been great with your response. Be Blessed!

Thanks, Tyler and J. I was thinking along this route. Your advice is greatly appreciated!

OK, here we go! My cousin just inherited a property from his mother's estate. The house has an 80k mortgage, the house needs at least 30k in repair and ARV is 180k. My family know that I want to start investing in real estate and want me to find a buyer for the property. This would be my first deal. not sure how to structure it. If I do a land contract I will be responsible for the mortgage. If I try negotiating with the bank for a shortsale this could potentially take months and he need cash fast. How would I structure the deal to make it profitable for a cash buyer and put cash in my cousins pocket? all suggestions/advice is welcomed!