rjwilkes49

I found a couple who is divorcing with a distressed property. The wife moved to Va., and the Husband lives outside of Phila. They owe about $55,ooo on their mortgage and have planned on giving it back to the bank. It hasn't gone into foreclosure yet and they will take $65,000 plus I would like to pocket $4,000. So $69,000 get's the deal. It needs little work (estimated about($15,000) maybe replace the stove, redo kitchen floor, toliet and tub. It is 4bd/1ba duplex. Same type property sold for $110k 4 doors up on the same street. This is my first possible deal, how do I handle this?I do know the wife,she might even drop a couple thousand.

I never received my camera from the seminar. I would like to have it.