Hello all- Thank you again for all of the great advice in my recent inquiries.
I have a new question. I recently contacted the owner of a property that was posted on Zillow and it turned out the property is own by another investor. At the moment, the property is currently still undergoing remodeling. The issue I am running into is that, the investor is not looking for another investor to assign the property as since it might take longer to close. He's looking to close within the next 15 days. I've negotiated what I think is a great price from his original asking price of $135k in order to ensure a lucrative ARV. How should I solve this? I would love to send him the contract asap with 30 day inspection contingencies, but should I try and purchase this directly with a hard money lender and the. Sell it, but I have not purchase a property directly before. Or, should I try and find an investor that's looking to by and hold for a flip?
Please share your thoughts. And here’s the property. If anyone here is interested in partnering in this deal so we can close it asap, please contact me. https://www.zillow.com/homedetails/403-Rose-Hl-Anderson-SC-2...
