Ok, so I am gonna set this up here for all you smart DG family:
county tax assessment for property: $452, 000
It is a FSBO and he is asking $289, 000 before it goes into foreclosure.
It was built in 1972, 9, 030sq ft. land area, 3bed 2bath, 2024 sq ft.
Comps around that area is around $385000
I have an end buyer that will buy it for $320000
What do I do next, this property is in Hawaii. Is it worth it or what would be the most profitable way to do this considering I will have to fund it thru hard money since my credit is horrible and I do not have the funds to get a convetional loan. Please help.
Ok, so I am gonna set this up here for all you smart DG family:
county tax assessment for property: $452, 000
It is a FSBO and he is asking $289, 000 before it goes into foreclosure.
It was built in 1972, 9, 030sq ft. land area, 3bed 2bath, 2024 sq ft.
Comps around that area is around $385000
I have an end buyer that will buy it for $320000
What do I do next, this property is in Hawaii. Is it worth it or what would be the most profitable way to do this considering I will have to fund it thru hard money since my credit is horrible and I do not have the funds to get a convetional loan. Please help.
Lee Jon Sam Fong