Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

4,157
Posts
3,836
Votes
Jaron Walling
  • Rental Property Investor
  • Indianapolis, IN
3,836
Votes |
4,157
Posts

Landing the off market deal - advice for new investor

Jaron Walling
  • Rental Property Investor
  • Indianapolis, IN
Posted

I've located a distressed property and motivated sellers. They moved an elderly family member out and they want it gone. The property is in poor condition but the upside is a new HVAC, roof, and a couple new windows. The house is great opportunity to BRRRR (for the right price!) The owners think they can get $100K.

I meet with them twice to see the interior, estimate my rehab budget, and just talk. They want to sell without an agent. 

What questions should I be asking the seller? Is it foolish to think they will drop the price to $70-75k? How would you approach this scenario? I want to make a cash offer.

Loading replies...