JUST GOT UNDER CONTRACT
Okay guys I need some help NOW! I was jsut notified by HUD that I am the winning bidder. I won the offer on a townhome 2 bed/2bath 2240 dartmouth Dr, Sumter, SC 29153 (you can see pic on Zillow.com) It is a steal of a deal. the market Price for the ones that have sold were 124,000, There are some lots still available for sale in the area and the lots sale for 34,000. I want to try and wholesale it for 70,000. It can rent for about $850 per month. I am quoting it low. Online rates show about 950/month for rental rates. My first wholesale deal.... I have been in real estate for over 11 years but as a broker not investor. Please I need some advice before I send my earnest money over on this deal. Ask me whatever questions you need, i will be so open, this is my first deal and I want to succeed in it. I dont have abuyers list or none of that fun stuff. I got the deal.