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Updated over 16 years ago on . Most recent reply

Robbie Pollard's profile image
Robbie Pollard's profile image
Robbie Pollard
  • Real Estate Investor
  • from Horn Lake, Mississippi
  • Member since Oct 28, 2008
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Robbie Pollard's profile image
Robbie Pollard's profile image
Robbie Pollard
  • Real Estate Investor
  • from Horn Lake, Mississippi
  • Member since Oct 28, 2008
Connect
Robbie Pollard
  • Real Estate Investor
  • Horn Lake, MS
0
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23
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Starting Out

FIRST TIME FLIPPER(Memphis,TN)

Robbie Pollard
  • Real Estate Investor
  • Horn Lake, MS
Posted

I have a $45,000 cash budget (this includes purchase and rehab)and i'm thinking about investing in a govt. foreclosure or REO in the memphis market. I've looked at over 50 houses in various areas of the Memphis market that range from $20,000 - $35,000. I would like to know if anyone has any experience with negotiating govt. forclosures or REO and what % would they be willing to take off the asking price with a cash offer.

Thanks In Advance.

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