Help!! Need Help For Potential First Time Flip!!

Hello all! Well the time has come and I am across my first potential deal. A friend of a friend's grandmother passed and the home and property is up for sale as part of her estate. He said they want only $30,000 and to be rid of it. They sound motivated to sell. The home it self is in so-so condition and in a city neighborhood that is so-so (i still need to do research about the area though).

How should I handle this potential first new deal?
Any advice will be appreciated greatly confused confused

Comments(4)

  • MIKEDEVALL16th November, 2003

    what is the fmv of the property?

  • sharpREI_PA16th November, 2003

    I haven't found out what the fmv of the property is yet. What is the best way for me to dig up this info. on this property?

    Thanks again...

  • Nievana1418th November, 2003

    you could call a realtor or title company.. they should be able to help

  • Optimum18th November, 2003

    Drive thru the area and look for current properties for sale as well. Find out what they are listed/selling for. You'll kind of have a ballpark figure.

    Good Luck!

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