1st Possible Deal, Need Help

After searching I have found a rehab that I am interested in, it is listed for 65,000, I checked the comps and they are all well over 160,000. What are my next steps in proceeding and what questions should I ask the seller, I am going to look at it on tues. Your guidance is appreciated.

Comments(2)

  • miraclehomes8th August, 2004

    You should be asking the seller to go to the bank with you so you can give him the check and he can sign the deed over to you right there, hop in your Mercedes, start rehabbing, sell, make thousands

  • mykle8th August, 2004

    Have you ever watched a cat? I didn't like them but when you have kids you make sacrifices...and I ended up liking the cat. When she is in stalker mode she sits very quietly unmoving just watching and suddenly quick as lightning she pounces on her prey.

    That's the REI game. You quietly watch and patiently wait . When the right target comes along you move as quick as possible.

    It sounds like this could be a good one. Don't wait until tuesday, go tomorrow, early tomorrow. Go ready to make a deal, not ready to look and get back with them later.

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