Neighbours home on Market for 229 day's.How much do I offer them?

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June 25, 2022, 01:02:19 pm

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June 25, 2022, 01:02:19 pm

Real Estate Investing Forums | Real Estate Investing | Bird Dogs, Wholesaling (Moderators: $Cash$, Mdhaas) | Neighbours home on Market for 229 day's.How much do I offer them?

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moellerryan

Member
Posts: 250

Re: Neighbours home on Market for 229 day's.How much do I offer them?

« Reply #60 on: August 04, 2009, 12:21:17 am »

Asking price does not matter. Find the current or after repair value and the LTV you are willing to pay. Then lowball as many properties as you can. If you can write 100 offers to distressed sellers, do it and cherry pick the best ones. I take ARV/2 - rehab to calculate my max offer and start my bid below that and play the numbers game. No reason to get stuck on one deal.

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Real Estate Investing Forums | Real Estate Investing | Bird Dogs, Wholesaling (Moderators: $Cash$, Mdhaas) | Neighbours home on Market for 229 day's.How much do I offer them?