Are they stable enough for you to be confident that they will eventually buy your place if you do a lease option with them?

As a newbie wholesaler, I've heard/read lots of people say "fake it 'till you make it", which makes perfect sense to me as far as presenting yourself to others as a confident real estate investor who knows what he's doing and not just another new face that's gonna give up in 2 weeks or has no idea what he's doing.

I'm 100% confident a purchase and sale agreement between you and the heirs will be required, but that that will not be all that's required to complete the transaction.

Make sure you're confident that all your numbers are accurate...but assuming they are, you should easily be able to generate a mid- to high- 5-digit wholesale fee on this...

When that happens, I'm fairly confident I can get them down to at least $55K.

Originally posted by Eddie Ziv:you will feel defeated and it will shake your self confidence.

But at the same time you need to gain their confidence so that you can put the home under contract and flip it.

Most people will not be buying a new home unless they are confident about their employment.

I've looked at similar sales prices, and sales price of the home in the last few years, and what the county has in their records for the home market value (for taxable purposes), but nothing is perfect, and I need a written in stone value for me to be confident that I'm going to fix up a house that will be worth a certain amount of money, and not all of a sudden the home being worth say, $24,000 less than I thought the after repair value would be.- So whats the best way to know the ARV?

Before your seller finances the sale of the property, you need to gain the confidence of the seller and talk about their position.