Partner Or Assign This In Georgia.

I have a deal in Macon,Georgia that I would like to find a partner on or I will just assign this. Its a victorian house that needs 17k rehab. Owner owes 105k. She has an appraisal for 179k after rehab. She is willing to give it to me subj 2 if I make up the back payments (3) by the end of the week. Other option is a closing attorney would have to call her financer by the end of the week with a closing date. I don't have the money to do this one as I am working on two other properties for her and I don't know if I can obtain that money by the end of the week. Any help??

Comments(4)

  • Toolkit3rd December, 2004

    Yes, all of the options you mentioned we could do, if you still need a partner, and the due diligence works out...

    How do we know the $17k figure is going to be an accurate figure for making the property marketable?
    Please email me to discuss..

  • fjfesta3rd December, 2004

    Anything in NJ or eastern PA?

  • Murphyj20003rd December, 2004

    Just curious, but what would you assign this one for?

  • jamieverkist3rd December, 2004

    Murphy, I don't know exactly what I would assign this one for probably around 5-7k being that everything is all done..investor would just have to walk in and take over. Its looking like I am going to have a partner or be able to do it on my own though grin.

    I'm sorry I don't have anything in any other states...have some duplexes in Texas if you are interested....as always thanks everyone for the help.

    Jamie

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