Is the Sale Price the number I would pitch to an end buyer and minus the repair costs from that number?

The buyer should expect to have to come up with extra cash to make up the difference, above and beyond the contract price.....which means you adjust your contract price accordingly, before submitting.If the house is underwater on just the first, the second should expect about 5%.

But you want to line up your buyers and know what they want and how to find what they want.

I have helped many buyers with student loans qualify for a much higher home price using this little known strategy.Hope that helps? 

Hence, the majority of buyers will, most likely, be investors. 

IF YOU SELL YOUR GOOD UNLESS THE Buyers ARE FHA QUALIFIED WITHIN 90 DAY Rule comes Into Play.THERES MORE BUT IT CAN GET COMPLEX DEPENDING ON YOU PLANS.

, maintenance (beyond what the HOA covers), and property management (if you ever decide to no longer self manage) - you may be losing more money than it initially appears.HOWEVER, the Beverly area is on fire right now, it is completely possible that property values will continue to climb quickly, and you could exit your condo in ~5yrs and make a nice profit (keep in mind you'll have paid closing costs once as a buyer, and once as a seller at this point, which will really eat into the profits if, say, you bought at $250k and sold for $300k - not a straight $50k profit, plus you had negative cashflow over the years too).So...

I have a property that I'm in negotiations with the owner.  He bought the place several years ago for $500K and has an additional $150k HELOC on it that may or may not have a balance.  I have an offer on the table for...

We would like this to be only in my name so she can use a first time home buyer program in the future and her credit score is a 645.

Chritopher, Generally cash buyers may be willing to pay you to transfer you contract to them and they be the ones to actually buy the house but at a substantial discount from AVR values.