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Real Estate Deal Analysis & Advice

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Jonathan Ramos
  • Orlando, FL
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106
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Need Help in determing if this is a good deal

Jonathan Ramos
  • Orlando, FL
Posted Aug 3 2008, 10:53

I have a property that they are asking $300K. approximate rehab costs are $100k for a total of $400k. This house was build in 1957 with 2417 sq feet on a main road. As you can till it needs extensive work. Zillow comps average sq feet price is $216 Eppraisal states the house is worth any from $515,000 to $689,000 I am trying to wholsale the deal. I was wondering if it is worth trying to find an investor. Also I am unable to find wholesale contracts if anyone knows where I could find some it would be greatly appreciated. The other catch is that the seller will only give me 7 days to find a investor. Please let me know what you think.

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