We apologize, but the forums are closed for new posts. Click Here To Join The Unemployables Facebook Group

Welcome, Guest. Please login or register.
September 27, 2021, 10:56:07 am
Home Help Search Calendar Login Register

Welcome, Guest. Please login or register.
September 27, 2021, 10:56:07 am
Home Help Search Calendar Login Register

Author Topic: Do investors consider getting a property from a Agent taboo?  (Read 1441 times)

Offline franklmc

  • Member
  • *
  • Posts: 7
Hi Everyone,

I have begun "bird dogging" so to speak and have found some nice investment propety listings through real estate agents. Are investors willing to buy a property that might be a fixer upper or foreclosure that is below tax apprasial and/or FMV? Any thoughts or comments on this would be greatly appreciated.

Thanks,
Frank
« Last Edit: June 20, 2005, 09:05:25 pm by TRandle »

Offline tedjr

  • Member
  • *****
  • Posts: 2403
Re:Do investors consider getting a property from a Agent taboo?
« Reply #1 on: June 16, 2005, 09:03:31 am »
Howdy Frank:

There are all kinds of investors out there from all over the world. Some are like bullfighters and do not want chickens in the ring spooking the bull. Others are like myself and as long as there is a deal to be made I will take a shot at it. The last two deals i paid full commission plus 500 bonus each. I tried to buy two once from a wholesaler who had them under contract thru a Realtor. The deals still good.

A lot of times on pre-foreclosures the investor will ask the agents to step aside especially if there is little equity.

You will probably find it easier when reselling to investors that want to keep the property as a rental. They can pay more than a rehab gal using HML's and reselling

LOL and hope this helps some
Ted P. Stokely Jr

San Antonio, Texas

Offline ray taylor

  • Member
  • **
  • Posts: 77
Re:Do investors consider getting a property from a Agent taboo?
« Reply #2 on: June 16, 2005, 07:12:20 pm »
Frank,
   Where are you, please ?  
          Ray  

 




SMF 2.0.15 | SMF © 2017, Simple Machines