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Updated almost 16 years ago on . Most recent reply

User Stats

8
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0
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James Prince
  • Involved In Real Estate
  • Chesapeake, VA
0
Votes |
8
Posts

Wholesale Problem Please Help

James Prince
  • Involved In Real Estate
  • Chesapeake, VA
Posted

Greetings,
I found a wholesale deal but the owner wont budge on the price ($70,000). The home is small and needs a lot of repairs done such as interior paint, needs new kitchen cabinets, bathroom needs to be gutted, plumbing, possible electric repair, etc. Built sometime during the middle of the 20th century lol so it is not young. The owners parents lived in that home and died so now it was passed on to the owner and her kin as well. So they all are going to get a piece of this deal and she said anything below $70,000 is not a good deal for her (but the house is a wreck) What are some alternative options that we can do to get this deal done?

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