Need help with Deal in Galveston, TX

Need help with Deal in Galveston, TX

Hello Fellow Investors,

I was recently contacted by a seller in Galveston,TX. She has a home worth 412k based on comparables, but I am in Florida, so I cannot eval the deal for repairs or current market in Galveston. I'm looking for a trustworthy investor to help me eval to see if this is a good deal for Galveston, the property has 80k+ equity if the value is 412k.

Any help is appreciated, I'm looking to assign the property for 5k. Thank you for your help.

Ever Espana


what do you need

espana i'm live in houston how can i help you.

I have a seller the home is

I have a seller the home is worth around 412k, the owner wants 325k. LTV 70% is 289k.

I don't know the Galveston market enough to say the contract price we have at 325k is good enough for me to assign to a buyer for 5k and for them to be able to sell at a higher price. Are houses selling in Galveston? I can negotiate the price further with her, but I would like to find an interested buyer first. Can you help?