I Have A Deal What's Next?

[Amadii Owens]

Hey Everyone, 

I have this motivated seller who is looking to get rid of the property in less then 30 days. She is asking for 175k, the house needs about 20k in repairs and the comps I got from Zillow based off similar sold homes are between 300k-325k. So that would be 195k(purchase/repairs), closing cost of 20k (approximately, I haven't learned how to calculate CC yet) brings it to 215k. To me those numbers present a good deal no?

The seller has agreed to let me wholesale the property to another buyer, but where can I get my hands on the proper legal purchase and assign contract giving me a time-fame to find a buyer?

Thanks BP

AJ

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