Too close to the deal.
BP I need some serious help.
I am a newbie Investor & Realtor. I have close friends that are going through a divorce and need to sell their home and part ways asap. I have presented them with 2 options. The first is listing the property as their Realtor, the 2nd is buying their house as an investor. As an investor I would want to rehab and sell. A first pass review of the rehab costs appears to show that the investment strategy may not be the best option for them, whereas the listing option would also require them to take a significant hit to their asking price plus add additional burden in them prepping their home for viewings, etc.
Would any realtor/investor in the Austin area be willing to give me a second opinion if there is a way to make this scenario a win for both my clients and me? Given that these are friends, I'm second guessing myself as an investor as well as a realtor.
Thanks.