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Updated over 9 years ago on . Most recent reply

Chris Greene's profile image
Chris Greene's profile image
Chris Greene
  • from Charlotte, North Carolina
  • Member since Jan 22, 2016

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8
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0
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Chris Greene's profile image
Chris Greene's profile image
Chris Greene
  • from Charlotte, North Carolina
  • Member since Jan 22, 2016
Chris Greene
  • Charlotte, NC
0
Votes |
8
Posts
Starting Out

FIRST DEAL!!! NEED A LITTLE HELP (OFFER)

Chris Greene
  • Charlotte, NC
Posted

Did some direct mailings. Have a prospect who is absentee landlord, has owned residence since 1972, currently owes approx. $58K, according to her. Zillow estimate value is 98K. Drove by property last night and estimate repairs at $15000. Comps in the area average approx. $110, 000. I plan on wholesaling this deal but would like some advice regarding the offer I should make. I think my initial offer should be somewhere around $70K. I would like to make approx. $5K. Am I doing this correctly?

Sorry for the fundamental questions, just getting started.

Thanks for any and all help.

Chris

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