First wholesale deal in Memphis area
I am very new to wholesaling part of REI, but I am meeting the owner of a house tomorrow morn that needs out quick and all the numbers seen to work I think. It's in colonial hills subdivision in Southaven, MS, a 3/1.5 and one carport that I can get for $45k, it already has a new roof, 3 yo furnace, 4 yo water heater and is already about 80% finished, however his partner, that was helping him fix it up to sell, died. So hence his motivation to sell ASAP because he already bought a new house and needs this money to pay the new one off. I guess my question is that I'm wondering is someone out there that can reaffirm that this is a good deal? Pm me if possible and I will give the details. Thanks all! I am not trying to sell it on here I already have 2 potential buyers lined up in Memphis.