PLEASE HELP ME CLOSE MY FIRST DEAL!
Hi there BP community!
I have a pressing issue that I could really use you guys' as insight on. I have a childhood friend whose mother has a house that she is willing to sell me I'm not sure which direction I should approach the situation. I want to make sure that I present the deal as best as possible:
1200 square foot
3 bed 1 bath
located in up-and-coming West Philadelphia near the train .
Built in 1925
Property Value is around 70Kim
Comps have sold from 120,000K-- 1.5 Mills.
I also work with a Contracting Company and I'm wondering should I get it under contract and put together an exit strategy myself to secure hard money or JV the opportunity. Please help point me in the right direction!