Matt was so right in Dean's new book. Once you get the mental block (doubt and fear) out of your head, you find deals everywhere! I just found the most textbook case for a motivated seller and I am meeting him tomorrow. Here are the details...
1134 Sq Ft
Carport but it's not uncommon in my area
Price: Negotiable (He has it listed for $229k), the property is free and clear!
FMV: Around 200k, but not sure, prices are all over the place, so I am waiting to hear back from my realtor.
The seller has moved to europe and is only back for a few months to sell the property. He tried listing with a realtor, but he said the agent was worthless. He tried renting, but the rental agency never followed through and he was in europe so he couldn't do anything about it. So the house has been sitting. Tomorrow I'm going to call my coach and see what strategies I could use to get this house. I definitely could wholesale the house, but now I'm thinking maybe I should have the seller finance the property for me and then I could rent it out. I don't know, I'm just really excited! Any suggestions from the pros?