Need help with possible deal
Hello everyone. My name is Norman Whitley from Moderate Property Investors, LLC. I'm currently live in Greensboro NC. I'm new to REI but having been doing research and studying for almost two years now. Now I'm ready to take my leap to see if i can gather all the information and excel in this business. I met and investors who does investing international. He stated that he would sell his two properties to me once I told him I was and investor. One property is 3 bedrooms condo around 1200ft asking $65k and estimated at 74k. Zip code avg list price 174k. The second property 2 bedrooms townhouse 1100 ft asking 75k and estimated at 82k. Being that this is my first time I'm scared to step out there because 1) not sure if it's good enough deal 2) it felt in my lap too easy for it to be a good deal. Can you guys give me advice or help and I'll do a JV with you??