DO I have a Deal? What do I offer?
Hello Everyone I need help on how to structure a deal. This is a Motivated seller who I have contacted on CL. Right now his property is vacant and he has remodeled it. It was rented for $650 but he no longer wants to rent it out. He wants 57K but did mention he would do owner financing but he doesn't want to do it long term. I am not sure how to structure an offer on this to make a deal. He does have a mortgage on it but he said its about $30k. I am in Tx so I don't think a L/O would be a good idea. Its Comps at 53K.