I am finalizing the details for a Ft. Myers, FL condo (2br 2ba 2floors 1600 sqft). I have seller locked in at $140,000, identical units are selling now for $190,000. I need funds for the property, closing, and would like to do some modest remodeling to prep it for resale (carpet, tile, paint, cabinets) which can be done for about $10,000. My FICO is 630 and income $45k but am fairly new to the area (slightly under 1 year).
Closing needs to happen quickly. Seller is not Flexible with the price this low and comps so high. Suggestions, please?