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Real Estate Deal Analysis & Advice

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Eric Giovannucci
  • Investor
  • Boise, ID
97
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170
Posts

Out of State Motivated Seller

Eric Giovannucci
  • Investor
  • Boise, ID
Posted Sep 27 2014, 20:38

Hello all, 

I just moved out of the El Paso, and have been contacted by a seller there who wants to purchase one of my properties. She has a condo that she inherited and would like to move it prior to purchasing my SFR.

I do not know much about the condo besides similar units are selling for 70-90k. It is a 3 bed 2.5 bath built in the 80's. It rents currently for 750. 

She through a number of 65k. She has been offered 35k cash from another investor in the area. 

Wondering how I should approach this, or if at all. I believe that I would like to attempt to get my hand in the pot, in one way or another. Any suggestions? 

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