Updated almost 7 years ago on . Most recent reply
First possible seller finance fix and flip deal
Ok, we have a possible deal on the table and need some recommendations on how to approach. We have a property that the owner is willing to seller finance (it would be a wrap around mortgage) on a property listed for 175,000. The ARV is around 210,000 and the repairs with the enlisted assistance of myself and hubby come in at around 10K. If we can get the property ready for a flip in 1-2 months, what type of offer should we put on the table?