- Joined
- Mar 3, 2011
- Messages
- 104
Hi everyone,
It`s been a while but I finally got a option to purchase from a distress seller 30-40K under market.
It`s a 1100+sf bungalow, 3up,2dn,2.5ba,double detach garage in Marlborough park. Appraised in Jan at 310,000 as is.
Any suggestions of what to do next would be appreciated.
My thoughts:
1) sell the property at 275,000 includes my option fee.
2) find a money JV partner to qualify and buy the property and lease to own and split the profit.
3) Assign the contract, I think this is the same thing as (1).
Any other suggestions would appreciated
Thanks in advance!!
It`s been a while but I finally got a option to purchase from a distress seller 30-40K under market.
It`s a 1100+sf bungalow, 3up,2dn,2.5ba,double detach garage in Marlborough park. Appraised in Jan at 310,000 as is.
Any suggestions of what to do next would be appreciated.
My thoughts:
1) sell the property at 275,000 includes my option fee.
2) find a money JV partner to qualify and buy the property and lease to own and split the profit.
3) Assign the contract, I think this is the same thing as (1).
Any other suggestions would appreciated
Thanks in advance!!