Updated almost 11 years ago on . Most recent reply
Wholesale or Retail?
I have a perspective seller who is an older gentleman who does not want to deal with the hassle of small cosmetic issues in his home. He is willing to discount the property because of this. In 2012 he listed the property for $450,000 but took it off the market and put in a tenant. The comps in the area range from 460-520 currently. He also added in a new HVAC system and roof so there are no major structural issues. I want to figure out how to go about this deal and walk away with a win for the both of us. Will there even be enough profit margin for an end buyer?