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Michael F
  • NY
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Found A Good Deal. Need Help

Michael F
  • NY
Posted Aug 3 2008, 10:56

Hi there ok
I found a motivated seller
The reason she selling it is because of pending bank foreclosure

Asking Price is $465,000
Market Value is $571,000
Here Some More Info:
Style: Brownstone
Exterior Condition: High Average
Exterior Wall: Masonry
Lot Frontage: 17.83ft
Lot Depth: 100.00ft
Lot Shape: Regular
Lot Square Footage: 1,783
Finished Sq.Footage: 2,139
Residential Units: 2
Commercial Units: 0
Commercial Sq. Ftg.: 0
Story Height: 2.00
Garage Type: N/A
Garage Sq. Footage: 0
Unfinished Sq. Ftg.: 0
Building Frontage: 17.83ft
Building Depth: 40.00ft
Construction Type: Brick
Neighborhood Type: Residential
Year Built: 1901

what I want to do is a double escrow or assign to another investor so I can make a quick profit. Look like a good investment but the problem is that I don't know what kind of REI method I should use. I mean I want to double escrow it or assign it so should I get it into a options or what? Also do I need to get a attorney or title company to do the double escrow or assigning process because I really perfer not to have one right now because I really don't have any kind of money to pay up front to the attorney or title company so I really need help. Please respond back ASAP
Please tell me what step should I take to make this deal go through.

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