Updated over 7 years ago on . Most recent reply
First wholesale/possible rental..help?
Hi, so a gentleman who is in the process of divorce is looking to get rid of his house. Nothing wrong typical 3bd 2 bath single garage and big back yard. The divorce is in effect and he works 6 hours from home just wants to get rid of it. He owes $67k and just wants the payout amount and nothing else. I've been doing my research in the area and most properties sell for about $88k he bought it for originally $87k. Would this be a good deal for me as my first house or would I even profit from it? This property is also 6 hours from where I am from. Also close to ft hood. Suggestions? He really wants to get rid of it. Thank you in advance for the input!