Hi there im thinking of put a houseunder contract, low ball value is 115, 000
My offer will be in the 82k to 85 k range in anyones opinion do you think that leaves
enough meat on the bone for my end buyer. The home will only need minor work
Tks for any help
It’s a little thin, especially if you get into any issues with it. I would do this deal if I was convinced that there were minimal issues to resolve and I could turn it relatively quickly…holding costs could quickly eat up profit.
It might be an excellent starter to ‘get your feet wet’.
Just my two cents…
Keith
Tks keith, is it so thin that I cant make an assignment fee?
If you provide more details you will get better answers to your question.
Hey Matt,
Need more details. Explain to me what do you mean by low ball value?
Like what kind of minor work? Make sure you look into repair cost carefully.