Filiping my wholesale contract to an investor

[Joey Price]

First creative deal I’ve structured — i want to confirm if it fits the buy-box before I lock it up:

4/2 SFH, ~1,600 sqft, built 1954, ~0.22 acres

Seller’s list: $485k (price reduced ~$50k after ~140 DOM)

Offer: $450k | $50k down | ~$100k loan (est. $1,250 PITI) | $300k balloon (5 yrs)

Market rent: ~$2,200 | Spread ≈ $950/mo

Loan covered via licensed servicing | All protections in place