I found a deal on the Internet, contacted the seller this morning and they accepted a verbal offer $100'000 +closing cost. After making my research that the house FMV comes to $169,000. So I think even after paying closing cost and changing carpeting, which is the only problem the house have, It should be a good Investment.
But I have two problems, the house is located 7 hours drive away from me, and I dont have a cash buyer aligned for it. I just took action and am involved in this dilema. I dont want to let this deal go, I would be happy making $10,000 out of it. IF anybody out there knows who is interested in keeping the rest 59k, let me know.
Thank You Again