Updated over 6 years ago on . Most recent reply
Advice on a possible deal
So I have a situation I need some advice on. I have a seller who has a home mortgage free. They are looking to sell soon. Apart from being mortgage free the home has new roof and new windows throughout. Home is currently valued as is $104k and would sell for $105 to $115 on current market.
Seller is asking $80k cash and home needs some updating which is estimated at roughly $20k. What options do I have? I was considering doing a flip but I’m more into wholesaling it with an investor. Is this a deal an investor would go for?