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Updated over 5 years ago on . Most recent reply

User Stats

253
Posts
56
Votes
Junior Salters
  • Rental Property Investor
  • Spartanburg, SC
56
Votes |
253
Posts

Lots for sale?

Junior Salters
  • Rental Property Investor
  • Spartanburg, SC
Posted

When it comes down to the selling and the buying of lots for houses, what am I looking for to analyze a price to offer. The situation is a seller has a 2 houses and 5 lots for sell. The houses are close to tear down, but wasn't sure what should be offered on lots. Never dealt with this before so any help would be great! Thanks!

Most Popular Reply

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2,770
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3,665
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Aaron Mazzrillo
  • Investor
  • Riverside, CA
3,665
Votes |
2,770
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Aaron Mazzrillo
  • Investor
  • Riverside, CA
Replied

Make your offer to buy the houses and include the lots at no extra cost to you. Then sell the houses (wholesale) and keep the lots free & clear. They make great money stretchers or can help with a 1031. I've done this deal before.

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