Hi Everyone on the DG site. I have been standing in the shadows watching for a long time. I have read both of Deans recent books along with a lot of rich dad stuff. DG has finally given me the guts to go for it.
So here is my first deal. I found a house for 460k It's value on trueview is around 560k . Its a FSBO. His mother owned the house and passed away a few months ago. It's been on the market 2 months. It has a new kitchen. It is 3 bd split with 1 bath . In a great area.
I know 1 investor that may buy it . I know I need to build my list.
My question is how do I structure this. Do I ask for a % or tell the investor 500k and take a 40k profit?